Legis Daily

FARM Act

USA119th CongressS-179| Senate 
| Updated: 1/22/2025
Tommy Tuberville

Tommy Tuberville

Republican Senator

Alabama

Cosponsors (13)
Rick Scott (Republican)Roger Marshall (Republican)Katie Boyd Britt (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Marsha Blackburn (Republican)Tim Sheehy (Republican)Kevin Cramer (Republican)Deb Fischer (Republican)John Fetterman (Democratic)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, known as the Foreign Adversary Risk Management Act or FARM Act, aims to amend the Defense Production Act of 1950 to protect the United States agriculture industry from foreign influence and disruption. It specifically adds the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS). This expansion of CFIUS's scope mandates the committee to review any transaction, merger, acquisition, or other arrangement that could result in foreign control of a U.S. business engaged in agriculture. Furthermore, the bill expands the definitions of critical infrastructure and critical technologies under the Defense Production Act to explicitly include agricultural systems and supply chains. This ensures that foreign investments in these areas receive heightened scrutiny. Finally, the legislation requires the Secretary of Agriculture and the Comptroller General to conduct an analysis and submit a report to Congress within one year, detailing foreign investments, potential threats to U.S. agriculture production and supply chains, and instances of agriculture-related espionage.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-2931
FARM Act

Bill from Previous Congress

S 118-68
FARM Act
Jan 22, 2025
Introduced in Senate
Jan 22, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 28, 2025

Latest Companion Bill Action

HR 119-620
Referred to the Subcommittee on Nutrition and Foreign Agriculture.
  • Bill from Previous Congress

    S 117-2931
    FARM Act


  • Bill from Previous Congress

    S 118-68
    FARM Act


  • January 22, 2025
    Introduced in Senate


  • January 22, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • February 28, 2025

    Latest Companion Bill Action

    HR 119-620
    Referred to the Subcommittee on Nutrition and Foreign Agriculture.

Foreign Trade and International Finance

Related Bills

  • HR 119-620: FARM Act
Congressional oversightFederal officialsGovernment studies and investigationsU.S. and foreign investments

FARM Act

USA119th CongressS-179| Senate 
| Updated: 1/22/2025
This bill, known as the Foreign Adversary Risk Management Act or FARM Act, aims to amend the Defense Production Act of 1950 to protect the United States agriculture industry from foreign influence and disruption. It specifically adds the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS). This expansion of CFIUS's scope mandates the committee to review any transaction, merger, acquisition, or other arrangement that could result in foreign control of a U.S. business engaged in agriculture. Furthermore, the bill expands the definitions of critical infrastructure and critical technologies under the Defense Production Act to explicitly include agricultural systems and supply chains. This ensures that foreign investments in these areas receive heightened scrutiny. Finally, the legislation requires the Secretary of Agriculture and the Comptroller General to conduct an analysis and submit a report to Congress within one year, detailing foreign investments, potential threats to U.S. agriculture production and supply chains, and instances of agriculture-related espionage.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-2931
FARM Act

Bill from Previous Congress

S 118-68
FARM Act
Jan 22, 2025
Introduced in Senate
Jan 22, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 28, 2025

Latest Companion Bill Action

HR 119-620
Referred to the Subcommittee on Nutrition and Foreign Agriculture.
  • Bill from Previous Congress

    S 117-2931
    FARM Act


  • Bill from Previous Congress

    S 118-68
    FARM Act


  • January 22, 2025
    Introduced in Senate


  • January 22, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • February 28, 2025

    Latest Companion Bill Action

    HR 119-620
    Referred to the Subcommittee on Nutrition and Foreign Agriculture.
Tommy Tuberville

Tommy Tuberville

Republican Senator

Alabama

Cosponsors (13)
Rick Scott (Republican)Roger Marshall (Republican)Katie Boyd Britt (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Marsha Blackburn (Republican)Tim Sheehy (Republican)Kevin Cramer (Republican)Deb Fischer (Republican)John Fetterman (Democratic)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)

Banking, Housing, and Urban Affairs Committee

Foreign Trade and International Finance

Related Bills

  • HR 119-620: FARM Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightFederal officialsGovernment studies and investigationsU.S. and foreign investments