HR 5490 United States House · 117th Congress

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, 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.

Bill status in committee 1 of 4 stages cleared

Introduction

Oct 2021

Committee Review

Floor Vote

President

Introduced Oct 5, 2021 Last action Oct 5, 2021

Floor votes

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No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Oct 5, 2021

Committee

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.

lower

Oct 5, 2021

Introduced

Introduced in House

lower

1 primary · 14 co-sponsors