119-s179

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 179 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 179

 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 agriculture production and supply 
 chains, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 January 22, 2025

 Mr. Tuberville (for himself, Mr. Fetterman, Mr. Marshall, Mrs. Britt, 
Mr. Scott of Florida, Mr. Schmitt, Mr. Sheehy, Mr. Cramer, Mr. Hoeven, 
 Mrs. Blackburn, Mr. Daines, Mrs. Fischer, and Ms. Lummis) introduced 
the following bill; which was read twice and referred to the Committee 
 on Banking, Housing, and Urban Affairs

_______________________________________________________________________

 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 agriculture production and supply 
 chains, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Foreign Adversary Risk Management 
Act'' or the ``FARM Act''.

SEC. 2. UNITED STATES AGRICULTURE INCLUDED IN COMMITTEE ON FOREIGN 
 INVESTMENT IN THE UNITED STATES.

    (a) Agriculture Representative.--

Section 721

    (k)

    (2) of the Defense 
Production Act of 1950 (50 U.S.C. 4565

    (k)

    (2) ) is amended--

    (1) by redesignating subparagraphs
        (H) ,
            (I) , and
        (J) as 
 subparagraphs
            (I) ,
        (J) , and
        (K) , respectively; and

    (2) by inserting after subparagraph
        (G) the following:
 ``
        (H) The Secretary of Agriculture.''.

    (b) Review of Agriculture Investments by Foreign Entities.--

Section 721

    (a)

    (4) of the Defense Production Act of 1950 (50 U.S.C. 4565

    (a)

    (4) ) 
is amended--

    (1) in subparagraph
        (A) --
        (A) in clause
            (i) , by striking ``; and'' and 
 inserting a semicolon;
        (B) in clause
            (ii) , by striking the period at the 
 end and inserting ``; and''; and
            (C) by adding at the end the following:
 ``
            (iii) any transaction described in 
 subparagraph
        (B)
            (vi) that is proposed, pending, 
 or completed on or after the date of the 
 enactment of the Foreign Adversary Risk 
 Management Act.''; and

    (2) in subparagraph
        (B) , by adding at the end the 
 following:
 ``
            (vi) Any transaction, merger, 
 acquisition, transfer, agreement, takeover, or 
 other arrangement that could result in foreign 
 control of any United States business that is 
 engaged in agriculture and uses agricultural 
 products (as defined in the first section of 
 the Act of July 2, 1926 (44 Stat. 802, chapter 
 725; 7 U.S.C. 451)).''.
            (c) Agricultural Supply Chains Included in Critical 
Infrastructure.--

Section 721

    (a)

    (5) of the Defense Production Act of 
1950 (50 U.S.C. 4565

    (a)

    (5) ) is amended--

    (1) by striking ```critical infrastructure' means'' and 
 inserting the following: ```critical infrastructure'--
 ``
        (A) means'';

    (2) by striking the period at the end and inserting ``; 
 and''; and

    (3) by adding at the end the following:
 ``
        (B) includes, subject to regulations prescribed 
 by the Committee, agricultural systems and supply 
 chains.''.
            (d) Agricultural Supply Chains Included as Critical Technologies.--

Section 721

    (a)

    (6)
        (A) of the Defense Production Act of 1950 (50 U.S.C. 
4565

    (a)

    (6)
        (A) ) is amended by adding at the end the following:
 ``
            (vii) Agricultural supply chains used for 
 agricultural products (as defined in the first 
 section of the Act of July 2, 1926 (44 Stat. 
 802, chapter 725; 7 U.S.C. 451)).''.

SEC. 3. REPORTS ON INVESTMENTS BY FOREIGN COUNTRIES IN UNITED STATES 
 AGRICULTURE INDUSTRY.

 Not later than one year after the date of the enactment of this 
Act, the Secretary of Agriculture and the Comptroller General of the 
United States shall each--

    (1) conduct an analysis of foreign influence in the United 
 States agriculture industry; and

    (2) submit to Congress a report that includes a summary 
 of--
        (A) foreign investments in the United States 
 agriculture industry;
        (B) the potential for foreign investment to 
 undermine United States agriculture production and 
 agricultural supply chains;
            (C) the largest international threats for increased 
 foreign control of, and investment in, the United 
 States agriculture sector; and
            (D) agriculture-related espionage and theft 
 techniques used by foreign governments, including any 
 attempts to target United States agricultural 
 intellectual property, innovation, research and 
 development, cost or pricing data, or internal strategy 
 documents.
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