FARM Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jan 22, 2025)
Foreign Adversary Risk Management Act or the FARM Act
This bill places the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS). It also requires CFIUS to review any investment that could result in foreign control of any U.S. agricultural business.
Further, the bill includes agricultural systems and supply chains in the definitions of critical infrastructure and critical technologies for the purposes of reviewing such investments.
The Department of Agriculture and the Government Accountability Office must each analyze and report on foreign influence in the U.S. agricultural industry.
What just happenedJan 22, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJan 22, 2025
- Jan 22, 2025IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jan 22, 2025IntroReferral10000
Introduced in Senate