S 2931 117th Congress Senate Foreign Trade and International Finance Congressional oversight Federal officials Government studies and investigations U.S. and foreign investments

FARM Act

Introduced: October 5, 2021 Introduced by: Tuberville, Tommy Republican · Alabama See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 5, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Oct 5, 2021

Introduced in Senate

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Plain-English summary Congressional Research Service

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, and it requires the committee to review any investment that could result in foreign control of any U.S. agricultural business.

Further, it 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's happening now October 5, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related & companion bills 1

Bill text 1 version