HR 620

FARM Act

Summary

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 annually analyze and report on foreign influence in the U.S. agricultural industry.

Bill status

Status
In committee
Sponsor
Rep. Ronny Jackson [R-TX-13]
Cosponsors
29
Policy area
Foreign Trade and International Finance
Introduced
2025-01-22
Latest action
2025-02-28: Referred to the Subcommittee on Nutrition and Foreign Agriculture.

Committee referrals

Recent actions

  • 2025-02-28: Referred to the Subcommittee on Nutrition and Foreign Agriculture.
  • 2025-01-22: 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.
  • 2025-01-22: 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.
  • 2025-01-22: Introduced in House
  • 2025-01-22: Introduced in House