I
119THCONGRESS
1
STSESSION H. R. 620
To amend the Defense Production Act of 1950 to prevent harm and disrup-
tion to the United States agriculture industry by protecting against
foreign influence over agriculture production and supply chains, and
for other purposes.
IN THE HOUSE OF REPRESENTATIVES
JANUARY22, 2025
Mr. J
ACKSONof Texas (for himself, Mr. SESSIONS, Mr. PANETTA, Mr.
V
ICENTEGONZALEZof Texas, Mr. MOYLAN, Mr. ZINKE, Mr. ESTES, Mr.
F
INSTAD, Mrs. HINSON, Mrs. MILLERof Illinois, Mr. COSTA, Mr.
F
ALLON, Mr. MESSMER, Mr. ROSE, Mr. WEBERof Texas, Mr. JOHNSON
of South Dakota, Mr. N
EWHOUSE, and Mr. CRAWFORD) introduced the
following bill; which was referred to the Committee on Financial Services,
and in addition to the Committee on Agriculture, for a period to be sub-
sequently determined by the Speaker, in each case for consideration of
such provisions as fall within the jurisdiction of the committee concerned
A BILL
To amend the Defense Production Act of 1950 to prevent
harm and disruption to the United States agriculture
industry by protecting against foreign influence over ag-
riculture production and supply chains, and for other
purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
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SECTION 1. SHORT TITLE. 1
This Act may be cited as the ‘‘Foreign Adversary 2
Risk Management Act’’ or the ‘‘FARM Act’’. 3
SEC. 2. UNITED STATES AGRICULTURE INCLUDED IN COM-4
MITTEE ON FOREIGN INVESTMENT IN THE 5
UNITED STATES. 6
(a) A
GRICULTURE REPRESENTATIVE.—Section 7
721(k)(2) of the Defense Production Act of 1950 (50 8
U.S.C. 4565(k)(2)) is amended— 9
(1) by redesignating subparagraphs (H), (I), 10
and (J) as subparagraphs (I), (J), and (K), respec-11
tively; and 12
(2) by inserting after subparagraph (G) the fol-13
lowing: 14
‘‘(H) The Secretary of Agriculture.’’. 15
(b) R
EVIEW OFAGRICULTUREINVESTMENTS BY 16
F
OREIGNENTITIES.—Section 721(a)(4) of the Defense 17
Production Act of 1950 (50 U.S.C. 4565(a)(4)) is amend-18
ed— 19
(1) in subparagraph (A)— 20
(A) in clause (i), by striking ‘‘; and’’ and 21
inserting a semicolon; 22
(B) in clause (ii), by striking the period at 23
the end and inserting ‘‘; and’’; and 24
(C) by adding at the end the following: 25
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•HR 620 IH
‘‘(iii) any transaction described in 1
subparagraph (B)(vi) that is proposed, 2
pending, or completed on or after the date 3
of the enactment of the Foreign Adversary 4
Risk Management Act.’’; and 5
(2) in subparagraph (B), by adding at the end 6
the following: 7
‘‘(vi) Any transaction, merger, acqui-8
sition, transfer, agreement, takeover, or 9
other arrangement that could result in for-10
eign control of any United States business 11
that is engaged in agriculture and uses ag-12
ricultural products (as defined in the first 13
section of the Act of July 2, 1926 (44 14
Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 15
(c) A
GRICULTURALSUPPLYCHAINSINCLUDED IN 16
C
RITICALINFRASTRUCTURE.—Section 721(a)(5) of the 17
Defense Production Act of 1950 (50 U.S.C. 4565(a)(5)) 18
is amended— 19
(1) by striking ‘‘‘critical infrastructure’ means’’ 20
and inserting the following: ‘‘‘critical infrastruc-21
ture’— 22
‘‘(i) means’’; 23
(2) by striking the period at the end and insert-24
ing ‘‘; and’’; and 25
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•HR 620 IH
(3) by adding at the end the following: 1
‘‘(ii) includes, subject to regulations 2
prescribed by the Committee, agricultural 3
systems and supply chains.’’. 4
(d) A
GRICULTURALSUPPLYCHAINSINCLUDED AS 5
C
RITICALTECHNOLOGIES.—Section 721(a)(6)(A) of the 6
Defense Production Act of 1950 (50 U.S.C. 7
4565(a)(6)(A)) is amended by adding at the end the fol-8
lowing: 9
‘‘(vii) Agricultural supply chains used 10
for agricultural products (as defined in the 11
first section of the Act of July 2, 1926 (44 12
Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 13
SEC. 3. REPORTS ON INVESTMENTS BY FOREIGN COUN-14
TRIES IN UNITED STATES AGRICULTURE IN-15
DUSTRY. 16
Not later than one year after the date of the enact-17
ment of this Act and annually thereafter, the Secretary 18
of Agriculture and the Comptroller General of the United 19
States shall each— 20
(1) conduct an analysis of foreign influence in 21
the United States agriculture industry; and 22
(2) submit to Congress a report that includes a 23
summary of— 24
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(A) foreign investments in the United 1
States agriculture industry; 2
(B) the potential for foreign investment to 3
undermine United States agriculture production 4
and agricultural supply chains; 5
(C) the largest international threats for in-6
creased foreign control of, and investment in, 7
the United States agriculture sector; and 8
(D) agriculture-related espionage and theft 9
techniques used by foreign governments, includ-10
ing any attempts to target United States agri-11
cultural intellectual property, innovation, re-12
search and development, cost or pricing data, or 13
internal strategy documents. 14
Æ
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