Bill > HR620

This bill, known as the Foreign Adversary Risk Management Act (FARM Act), amends the Defense Production Act of 1950 to strengthen protections against foreign influence in the United States agricultural industry. The bill adds the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) and expands the committee's review capabilities to include agricultural transactions and investments. Specifically, the bill requires CFIUS to review any transaction that could result in foreign control of U.S. agricultural businesses, and it broadens the definition of critical infrastructure to explicitly include agricultural systems and supply chains. Additionally, the bill mandates annual reports from the Secretary of Agriculture and the Comptroller General analyzing foreign investments in the U.S. agriculture industry, identifying potential threats to agricultural production and supply chains, and detailing agriculture-related espionage and intellectual property theft techniques used by foreign governments. The goal of the legislation is to protect the U.S. agricultural sector from potential national security risks posed by foreign investment and influence.

Agriculture and Natural Resources, Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/620/all-info