S179119th CongressWALLET

FARM Act

Sponsored By: Senator Tommy Tuberville

Introduced

Summary

Give U.S. agriculture a formal role in foreign investment reviews and expand scrutiny of deals that could lead to foreign control. The bill would bring farm systems and supply chains squarely into national security reviews and boost federal study of foreign influence in agriculture.

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  • Farmers and agricultural businesses would face expanded review when foreign investments could result in foreign control. Transactions proposed, pending, or completed after enactment would get higher CFIUS scrutiny.
  • Agricultural supply chains and related technologies would be defined as "critical infrastructure" and added to the list of critical technologies. That raises the stakes for deals involving seeds, processing, distribution, or other key agricultural systems.
  • The Secretary of Agriculture would gain a seat on the Committee on Foreign Investment in the United States. The Department of Agriculture and the Government Accountability Office would each produce a report within one year analyzing foreign investments, threats, and espionage risks to U.S. agriculture.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

More foreign-investment scrutiny for farms

If enacted, this bill would add the Secretary of Agriculture to the U.S. foreign investment review committee. It would let that committee review deals that could give foreign control of U.S. farm businesses. The review would cover transactions proposed, pending, or completed on or after enactment. It would add agricultural systems and farm supply chains to the government's definition of critical infrastructure. Those systems would also be added to the list of covered critical technologies. Owners and operators could face new rules and could get national-security protections tied to that designation. Within one year, the bill would require government reports on foreign investments and foreign influence in U.S. agriculture.

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Sponsors & CoSponsors

Sponsor

Tommy Tuberville

AL • R

Cosponsors

  • Sen. Fetterman, John [D-PA]

    PA • D

    Sponsored 1/22/2025

  • Sen. Marshall, Roger [R-KS]

    KS • R

    Sponsored 1/22/2025

  • Katie Britt

    AL • R

    Sponsored 1/22/2025

  • Sen. Scott, Rick [R-FL]

    FL • R

    Sponsored 1/22/2025

  • Eric Schmitt

    MO • R

    Sponsored 1/22/2025

  • Sen. Sheehy, Tim [R-MT]

    MT • R

    Sponsored 1/22/2025

  • Kevin Cramer

    ND • R

    Sponsored 1/22/2025

  • John Hoeven

    ND • R

    Sponsored 1/22/2025

  • Sen. Blackburn, Marsha [R-TN]

    TN • R

    Sponsored 1/22/2025

  • Steve Daines

    MT • R

    Sponsored 1/22/2025

  • Deb Fischer

    NE • R

    Sponsored 1/22/2025

  • Cynthia Lummis

    WY • R

    Sponsored 1/22/2025

  • Sen. Ricketts, Pete [R-NE]

    NE • R

    Sponsored 1/23/2025

Roll Call Votes

No roll call votes available for this bill.

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