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S 68 118th Congress Senate Foreign Trade and International Finance Congressional oversight Federal officials Government studies and investigations U.S. and foreign investments

FARM Act

Introduced: January 25, 2023 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
Jan 25, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 25, 2023
Introduced in Senate
 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. It also requires the committee 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.

What's happening now January 25, 2023

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

 Committees of jurisdiction 1