Bill > S2931

This bill, the Foreign Adversary Risk Management Act (FARM Act), aims to prevent harm and disruption to the United States agriculture industry by protecting against foreign influence over agricultural production and supply chains. The key provisions of the bill include: 1) adding the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS) to review foreign investments in the U.S. agriculture industry; 2) expanding CFIUS's jurisdiction to review any transaction that could result in foreign control of a U.S. business engaged in agriculture; 3) designating agricultural systems and supply chains as critical infrastructure and critical technologies, subjecting them to additional CFIUS review; and 4) requiring the Secretary of Agriculture and the Comptroller General to conduct analyses and submit reports to Congress on foreign investments in the U.S. agriculture industry and potential threats.