Us Congress 2023-2024 Regular Session

Us Congress House Bill HB513 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	I
2	2	118THCONGRESS
3	3	1
4	4	STSESSION H. R. 513
5	5	To amend the Defense Production Act of 1950 to prevent harm and disrup-
6	6	tion to the United States agriculture industry by protecting against
7	7	foreign influence over agriculture production and supply chains, and
8	8	for other purposes.
9	9	IN THE HOUSE OF REPRESENTATIVES
10	10	JANUARY25, 2023
11	11	Mr. J
12	12	ACKSONof Texas (for himself, Ms. SPANBERGER, Mr. VICENTEGON-
13	13	ZALEZof Texas, Mr. SESSIONS, Mrs. MILLERof Illinois, Mr. NORMAN,
14	14	Ms. S
15	15	ALAZAR, Mr. CRAWFORD, Mrs. CAMMACK, Mr. HERN, Mr. BABIN,
16	16	Mr. P
17	17	FLUGER, Mr. ISSA, Mr. NUNNof Iowa, Mr. BAIRD, Mr. NEHLS,
18	18	Mr. J
19	19	OHNSONof South Dakota, Mr. STEWART, Mr. ZINKE, Mr. CLINE,
20	20	Mr. C
21	21	OSTA, Mr. GUEST, Mr. CARL, Mr. MOOREof Alabama, Mr. ROSE,
22	22	Mr. E
23	23	LLZEY, Mr. WEBERof Texas, Mrs. HINSON, Mr. FALLON, Mr.
24	24	M
25	25	OYLAN, Mr. PANETTA, Mr. FEENSTRA, Mr. FINSTAD, and Mr. KELLY
26	26	of Mississippi) introduced the following bill; which was referred to the
27	27	Committee on Financial Services, and in addition to the Committee on
28	28	Agriculture, for a period to be subsequently determined by the Speaker,
29	29	in each case for consideration of such provisions as fall within the juris-
30	30	diction of the committee concerned
31	31	A BILL
32	32	To amend the Defense Production Act of 1950 to prevent
33	33	harm and disruption to the United States agriculture
34	34	industry by protecting against foreign influence over ag-
35	35	riculture production and supply chains, and for other
36	36	purposes.
37	37	Be it enacted by the Senate and House of Representa-1
38	38	tives of the United States of America in Congress assembled, 2
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41	41	•HR 513 IH
42	42	SECTION 1. SHORT TITLE. 1
43	43	This Act may be cited as the ‘‘Foreign Adversary 2
44	44	Risk Management Act’’ or the ‘‘FARM Act’’. 3
45	45	SEC. 2. FINDINGS. 4
46	46	Congress finds the following: 5
47	47	(1) United States agriculture and supply chains 6
48	48	are critical to United States economic success and 7
49	49	prosperity, and should each be classified as critical 8
50	50	infrastructure and critical technologies. 9
51	51	(2) Agriculture is the lifeblood that helps to 10
52	52	feed United States families nationwide. As such, 11
53	53	food security is a matter of national security and 12
54	54	should be a top priority of the United States. 13
55	55	(3) To prevent harm to the United States pub-14
56	56	lic health sector and to prevent disruption to the 15
57	57	United States economy and food supply chains, the 16
58	58	increasing influence foreign countries may have on 17
59	59	the United States agriculture industry and agri-18
60	60	culture supply chains should be mitigated. 19
61	61	SEC. 3. UNITED STATES AGRICULTURE INCLUDED IN COM-20
62	62	MITTEE ON FOREIGN INVESTMENT IN THE 21
63	63	UNITED STATES. 22
64	64	(a) A
65	65	GRICULTURE REPRESENTATIVE.—Section 23
66	66	721(k)(2) of the Defense Production Act of 1950 (50 24
67	67	U.S.C. 4565(k)(2)) is amended— 25
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70	70	•HR 513 IH
71	71	(1) by redesignating subparagraphs (H), (I), 1
72	72	and (J) as subparagraphs (I), (J), and (K), respec-2
73	73	tively; and 3
74	74	(2) by inserting after subparagraph (G) the fol-4
75	75	lowing: 5
76	76	‘‘(H) The Secretary of Agriculture.’’. 6
77	77	(b) R
78	78	EVIEW OFAGRICULTUREINVESTMENTS BY 7
79	79	F
80	80	OREIGNENTITIES.—Section 721(a)(4) of the Defense 8
81	81	Production Act of 1950 (50 U.S.C. 4565(a)(4)) is amend-9
82	82	ed— 10
83	83	(1) in subparagraph (A)— 11
84	84	(A) in clause (i), by striking ‘‘; and’’ and 12
85	85	inserting a semicolon; 13
86	86	(B) in clause (ii), by striking the period at 14
87	87	the end and inserting ‘‘; and’’; and 15
88	88	(C) by adding at the end the following: 16
89	89	‘‘(iii) any transaction described in 17
90	90	subparagraph (B)(vi) that is proposed, 18
91	91	pending, or completed on or after the date 19
92	92	of the enactment of the Foreign Adversary 20
93	93	Risk Management Act.’’; and 21
94	94	(2) in subparagraph (B), by adding at the end 22
95	95	the following: 23
96	96	‘‘(vi) Any transaction, merger, acqui-24
97	97	sition, transfer, agreement, takeover, or 25
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100	100	•HR 513 IH
101	101	other arrangement that could result in for-1
102	102	eign control of any United States business 2
103	103	that is engaged in agriculture and uses ag-3
104	104	ricultural products (as defined in the first 4
105	105	section of the Act of July 2, 1926 (44 5
106	106	Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 6
107	107	(c) A
108	108	GRICULTURALSUPPLYCHAINSINCLUDED IN 7
109	109	C
110	110	RITICALINFRASTRUCTURE.—Section 721(a)(5) of the 8
111	111	Defense Production Act of 1950 (50 U.S.C. 4565(a)(5)) 9
112	112	is amended— 10
113	113	(1) by striking ‘‘‘critical infrastructure’ means’’ 11
114	114	and inserting the following: ‘‘‘critical infrastruc-12
115	115	ture’— 13
116	116	‘‘(i) means’’; 14
117	117	(2) by striking the period at the end and insert-15
118	118	ing ‘‘; and’’; and 16
119	119	(3) by adding at the end the following: 17
120	120	‘‘(ii) includes, subject to regulations 18
121	121	prescribed by the Committee, agricultural 19
122	122	systems and supply chains.’’. 20
123	123	(d) A
124	124	GRICULTURALSUPPLYCHAINSINCLUDED AS 21
125	125	C
126	126	RITICALTECHNOLOGIES.—Section 721(a)(6)(A) of the 22
127	127	Defense Production Act of 1950 (50 U.S.C. 23
128	128	4565(a)(6)(A)) is amended by adding at the end the fol-24
129	129	lowing: 25
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132	132	•HR 513 IH
133	133	‘‘(vii) Agricultural supply chains used 1
134	134	for agricultural products (as defined in the 2
135	135	first section of the Act of July 2, 1926 (44 3
136	136	Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 4
137	137	SEC. 4. REPORTS ON INVESTMENTS BY FOREIGN COUN-5
138	138	TRIES IN UNITED STATES AGRICULTURE IN-6
139	139	DUSTRY. 7
140	140	Not later than one year after the date of the enact-8
141	141	ment of this Act and annually thereafter, the Secretary 9
142	142	of Agriculture and the Comptroller General of the United 10
143	143	States shall each— 11
144	144	(1) conduct an analysis of foreign influence in 12
145	145	the United States agriculture industry; and 13
146	146	(2) submit to Congress a report that includes a 14
147	147	summary of— 15
148	148	(A) foreign investments in the United 16
149	149	States agriculture industry; 17
150	150	(B) the potential for foreign investment to 18
151	151	undermine United States agriculture production 19
152	152	and agricultural supply chains; 20
153	153	(C) the largest international threats for in-21
154	154	creased foreign control of, and investment in, 22
155	155	the United States agriculture sector; and 23
156	156	(D) agriculture-related espionage and theft 24
157	157	techniques used by foreign governments, includ-25
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160	160	•HR 513 IH
161	161	ing any attempts to target United States agri-1
162	162	cultural intellectual property, innovation, re-2
163	163	search and development, cost or pricing data, or 3
164	164	internal strategy documents. 4
165	165	Æ
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