FARM Act
This bill expands foreign investment review to cover U.S. agriculture by requiring transactions involving foreign control of agricultural businesses to undergo scrutiny by the Committee on Foreign Investment (CFIUS). It classifies agricultural supply chains as both critical infrastructure and critical technologies, directly affecting foreign entities seeking to acquire or influence U.S. farms, food production, and supply chains. The bill mandates annual reports from the Secretary of Agriculture and the Government Accountability Office on foreign investments in agriculture, including risks to food security and intellectual property. These provisions aim to mitigate potential threats to U.S. food supply chains from foreign adversaries through enhanced oversight.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
President
Introduced Jan 25, 2023
Last action Jan 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 25, 2023
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
Jan 25, 2023
Introduced
Introduced in House
lower
1 primary · 50 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ronny Jackson
RRepublican
Co
Abigail Davis Spanberger
DDemocratic
Co
Ashley Hinson
RRepublican
Co
August Pfluger
RRepublican
Co
Barry Moore
RRepublican
Co
Ben Cline
RRepublican
Co
Brad Finstad
RRepublican
Co
Brian Babin
RRepublican
Co
Celeste Maloy
RRepublican
Co
Chris Stewart
RRepublican
Co
Dan Newhouse
RRepublican
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