What does Preamble of FARM Act do?

This bill proposes to amend the Defense Production Act of 1950. The stated purpose is to prevent harm and disruption to the United States agriculture industry. The bill aims to protect against foreign influence over agriculture production and supply chains.

What does SHORT TITLE. of FARM Act do?

This bill is formally titled the Foreign Adversary Risk Management Act.

What does UNITED STATES AGRICULTURE INCLUDED IN COMMITTEE ON FOREIGN of FARM Act do?

This section amends the Defense Production Act of 1950 to include the Secretary of Agriculture as a representative on the Committee on Foreign Investment in the United States (CFIUS). It expands the review authority of CFIUS to include transactions involving foreign control of U.S. businesses engaged in agriculture and using agricultural products. The definition of 'critical infrastructure' is amended to include agricultural systems and supply chains, subject to regulations prescribed by the Committee. Agricultural supply chains used for agricultural products are also included as critical technologies under CFIUS review.

What does REPORTS ON INVESTMENTS BY FOREIGN COUNTRIES IN UNITED STATES of FARM Act do?

This section requires the Secretary of Agriculture and the Comptroller General of the United States to analyze foreign influence in the United States agriculture industry. They must submit a report to Congress within one year of the Act's enactment. The report should summarize foreign investments in the U.S. agriculture industry. The report must address the potential for foreign investment to undermine U.S. agriculture production and supply chains. The report should identify the largest international threats related to foreign control and investment in the U.S. agriculture sector. The report must detail agriculture-related espionage and theft techniques used by foreign governments, including targeting intellectual property.

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FARM Act

Last updated: 1/22/2025 · Introduced: 1/22/2025

Author: Tommy Tuberville (R-AL)

TL;DR (AI)

The bill amends the Defense Production Act to include the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS), expanding CFIUS review to transactions involving foreign control of U.S. agricultural businesses and supply chains.
It mandates a report to Congress within one year analyzing foreign investments in the U.S. agriculture industry, assessing potential threats to production and supply chains, and detailing espionage techniques.
The bill expands the definition of 'critical infrastructure' to include agricultural systems and supply chains, subjecting them to regulations prescribed by CFIUS.

119th Congressin committeeHR. 620(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 2 more.

4 sections

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