1. Short title This Act may be cited as the American Farmers Feed the World Act of 2023 . 2. Peter O’Brien Food for Peace Program (a) Renaming of program (1) In general Title II of the Food for Peace Act ( 7 U.S.C. 1721 et seq. ) is amended in the title heading by striking Emergency and Private Assistance Programs and inserting Peter O’Brien Food for Peace Program . (2) General authority Section 201 of the Food for Peace Act ( 7 U.S.C. 1721 ) is amended in the matter preceding paragraph (1) by striking title (to be implemented by the Administrator) and inserting title, to be known as the Peter O'Brien Food for Peace Program , to be implemented by the Administrator, . (b) Provision of agricultural commodities Section 202 of the Food for Peace Act ( 7 U.S.C. 1722 ) is amended— (1) in subsection (a)— (A) by striking of law, the Administrator and inserting in this Act, the Administrator, with the consent of the Secretary, ; and (B) by striking the Administrator determines and inserting the Secretary determines ; (2) in subsection (e)— (A) in paragraph (1), by striking 7.5 percent nor more than 20 percent and inserting 5 percent nor more than 10 percent ; and (B) by adding at the end the following: (5) Limitation on diversion of funds Of the funds made available in each fiscal year under this title to the Administrator, not more than 50 percent shall be made available for expenses other than the procurement of agricultural commodities and ocean transportation. (6) Report Not later than 180 days after the end of each fiscal year, the Administrator shall submit to the appropriate committees of Congress, and make publicly available on the website of the Administrator, a report that describes— (A) the uses of funds under this subsection; (B) each instance of a provision of this Act notwithstood under subsection (a) and the circumstances associated with that instance, including an identification of the particular provision notwithstood