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US S68

US S68
FARM Act Foreign Adversary Risk Management Act


summary

Introduced
01/25/2023
In Committee
01/25/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th 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 agriculture production and supply chains, and for other purposes.

AI Summary

This bill, the Foreign Adversary Risk Management Act (FARM Act), aims to protect the U.S. agriculture industry and food supply chains from foreign influence and disruption. It amends the Defense Production Act to include the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States, which will review transactions involving foreign control of U.S. agriculture businesses. The bill also designates agricultural systems and supply chains as critical infrastructure and critical technologies, subject to the Committee's regulations. Additionally, the bill requires the Secretary of Agriculture and the Comptroller General to analyze and report on foreign investments in the U.S. agriculture industry, potential threats to U.S. agriculture production and supply chains, and agriculture-related espionage and theft techniques used by foreign governments.

Committee Categories

Housing and Urban Affairs

Sponsors (12)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 01/25/2023)

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