HR 513 United States House · 118th Congress

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
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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
Photo of Ronny Jackson
Ronny Jackson
RRepublican
TX
13
Co
Photo of Abigail Davis Spanberger
Abigail Davis Spanberger
DDemocratic
VA
7
Co
Photo of Ashley Hinson
Ashley Hinson
RRepublican
IA
2
Co
Photo of August Pfluger
August Pfluger
RRepublican
TX
11
Co
Photo of Barry Moore
Barry Moore
RRepublican
AL
1
Co
Photo of Ben Cline
Ben Cline
RRepublican
VA
6
Co
Photo of Brad Finstad
Brad Finstad
RRepublican
MN
1
Co
Photo of Brian Babin
Brian Babin
RRepublican
TX
36
Co
Photo of Celeste Maloy
Celeste Maloy
RRepublican
UT
2
Co
Photo of Chris Stewart
Chris Stewart
RRepublican
UT
2
Co
Photo of Dan Newhouse
Dan Newhouse
RRepublican
WA
4