S 179

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

Bill status

Status
In committee
Sponsor
Sen. Tommy Tuberville [R-AL]
Cosponsors
13
Policy area
Foreign Trade and International Finance
Introduced
2025-01-22
Latest action
2025-01-22: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2025-01-22: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-01-22: Introduced in Senate