Protecting US Agriculture: Scrutiny of Foreign Food Supply Investments
This bill, cited as the FARM Act, aims to protect US agriculture by classifying it as critical infrastructure and critical technologies. It adds the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) and mandates the review of transactions that could result in foreign control of US agricultural businesses. It also requires a report on foreign influence and espionage within the sector.
Key points
Agriculture and food supply chains are defined as critical infrastructure and critical technologies under the Defense Production Act.
The Secretary of Agriculture is added to the Committee on Foreign Investment in the United States (CFIUS).
CFIUS gains authority to review transactions that could result in foreign control of US agricultural businesses.
The Secretary of Agriculture and the Comptroller General must prepare a report on foreign investments and espionage in the agriculture sector.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.