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
Plain-English 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, 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
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1