Us Congress 2025-2026 Regular Session

Us Congress Senate Bill SB179 Compare Versions

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22 119THCONGRESS
33 1
44 STSESSION S. 179
55 To amend the Defense Production Act of 1950 to prevent harm and disrup-
66 tion to the United States agriculture industry by protecting against
77 foreign influence over agriculture production and supply chains, and
88 for other purposes.
99 IN THE SENATE OF THE UNITED STATES
1010 JANUARY22, 2025
1111 Mr. T
1212 UBERVILLE(for himself, Mr. FETTERMAN, Mr. MARSHALL, Mrs. BRITT,
1313 Mr. S
1414 COTTof Florida, Mr. SCHMITT, Mr. SHEEHY, Mr. CRAMER, Mr.
1515 H
1616 OEVEN, Mrs. BLACKBURN, Mr. DAINES, Mrs. FISCHER, and Ms. LUM-
1717 MIS) introduced the following bill; which was read twice and referred to
1818 the Committee on Banking, Housing, and Urban Affairs
1919 A BILL
2020 To amend the Defense Production Act of 1950 to prevent
2121 harm and disruption to the United States agriculture
2222 industry by protecting against foreign influence over ag-
2323 riculture production and supply chains, and for other
2424 purposes.
2525 Be it enacted by the Senate and House of Representa-1
2626 tives of the United States of America in Congress assembled, 2
2727 SECTION 1. SHORT TITLE. 3
2828 This Act may be cited as the ‘‘Foreign Adversary 4
2929 Risk Management Act’’ or the ‘‘FARM Act’’. 5
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3232 •S 179 IS
3333 SEC. 2. UNITED STATES AGRICULTURE INCLUDED IN COM-1
3434 MITTEE ON FOREIGN INVESTMENT IN THE 2
3535 UNITED STATES. 3
3636 (a) A
3737 GRICULTURE REPRESENTATIVE.—Section 4
3838 721(k)(2) of the Defense Production Act of 1950 (50 5
3939 U.S.C. 4565(k)(2)) is amended— 6
4040 (1) by redesignating subparagraphs (H), (I), 7
4141 and (J) as subparagraphs (I), (J), and (K), respec-8
4242 tively; and 9
4343 (2) by inserting after subparagraph (G) the fol-10
4444 lowing: 11
4545 ‘‘(H) The Secretary of Agriculture.’’. 12
4646 (b) R
4747 EVIEW OFAGRICULTUREINVESTMENTS BY 13
4848 F
4949 OREIGNENTITIES.—Section 721(a)(4) of the Defense 14
5050 Production Act of 1950 (50 U.S.C. 4565(a)(4)) is amend-15
5151 ed— 16
5252 (1) in subparagraph (A)— 17
5353 (A) in clause (i), by striking ‘‘; and’’ and 18
5454 inserting a semicolon; 19
5555 (B) in clause (ii), by striking the period at 20
5656 the end and inserting ‘‘; and’’; and 21
5757 (C) by adding at the end the following: 22
5858 ‘‘(iii) any transaction described in 23
5959 subparagraph (B)(vi) that is proposed, 24
6060 pending, or completed on or after the date 25
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6464 of the enactment of the Foreign Adversary 1
6565 Risk Management Act.’’; and 2
6666 (2) in subparagraph (B), by adding at the end 3
6767 the following: 4
6868 ‘‘(vi) Any transaction, merger, acqui-5
6969 sition, transfer, agreement, takeover, or 6
7070 other arrangement that could result in for-7
7171 eign control of any United States business 8
7272 that is engaged in agriculture and uses ag-9
7373 ricultural products (as defined in the first 10
7474 section of the Act of July 2, 1926 (44 11
7575 Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 12
7676 (c) A
7777 GRICULTURALSUPPLYCHAINSINCLUDED IN 13
7878 C
7979 RITICALINFRASTRUCTURE.—Section 721(a)(5) of the 14
8080 Defense Production Act of 1950 (50 U.S.C. 4565(a)(5)) 15
8181 is amended— 16
8282 (1) by striking ‘‘‘critical infrastructure’ means’’ 17
8383 and inserting the following: ‘‘‘critical infrastruc-18
8484 ture’— 19
8585 ‘‘(A) means’’; 20
8686 (2) by striking the period at the end and insert-21
8787 ing ‘‘; and’’; and 22
8888 (3) by adding at the end the following: 23
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9292 ‘‘(B) includes, subject to regulations pre-1
9393 scribed by the Committee, agricultural systems 2
9494 and supply chains.’’. 3
9595 (d) A
9696 GRICULTURALSUPPLYCHAINSINCLUDED AS 4
9797 C
9898 RITICALTECHNOLOGIES.—Section 721(a)(6)(A) of the 5
9999 Defense Production Act of 1950 (50 U.S.C. 6
100100 4565(a)(6)(A)) is amended by adding at the end the fol-7
101101 lowing: 8
102102 ‘‘(vii) Agricultural supply chains used 9
103103 for agricultural products (as defined in the 10
104104 first section of the Act of July 2, 1926 (44 11
105105 Stat. 802, chapter 725; 7 U.S.C. 451)).’’. 12
106106 SEC. 3. REPORTS ON INVESTMENTS BY FOREIGN COUN-13
107107 TRIES IN UNITED STATES AGRICULTURE IN-14
108108 DUSTRY. 15
109109 Not later than one year after the date of the enact-16
110110 ment of this Act, the Secretary of Agriculture and the 17
111111 Comptroller General of the United States shall each— 18
112112 (1) conduct an analysis of foreign influence in 19
113113 the United States agriculture industry; and 20
114114 (2) submit to Congress a report that includes a 21
115115 summary of— 22
116116 (A) foreign investments in the United 23
117117 States agriculture industry; 24
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121121 (B) the potential for foreign investment to 1
122122 undermine United States agriculture production 2
123123 and agricultural supply chains; 3
124124 (C) the largest international threats for in-4
125125 creased foreign control of, and investment in, 5
126126 the United States agriculture sector; and 6
127127 (D) agriculture-related espionage and theft 7
128128 techniques used by foreign governments, includ-8
129129 ing any attempts to target United States agri-9
130130 cultural intellectual property, innovation, re-10
131131 search and development, cost or pricing data, or 11
132132 internal strategy documents. 12
133133 Æ
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