Bill

Bill > HR5490


US HR5490

US HR5490
FARM Act Foreign Adversary Risk Management Act


summary

Introduced
10/05/2021
In Committee
10/05/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Defense Production Act of 1950 to prevent harm and disruption to the United States agriculture industry by protecting against foreign influence over ag- riculture production and supply chains, and for other purposes.

AI Summary

This bill, the Foreign Adversary Risk Management Act or the 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. It amends the Defense Production Act of 1950 to include the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States, enabling the review of agriculture investments by foreign entities. The bill also classifies agricultural systems and supply chains as critical infrastructure and critical technologies, subject to the Committee's oversight. Additionally, the bill requires the Secretary of Agriculture and the Comptroller General to submit reports analyzing foreign influence in the U.S. agriculture industry, including foreign investments, potential threats, and agriculture-related espionage and theft techniques used by foreign governments.

Committee Categories

Business and Industry

Sponsors (15)

Last Action

Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 10/05/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...