The OCTOPUS Act of 2024 prohibits the federal government from authorizing commercial octopus farming operations in U.S. waters and the exclusive economic zone. The bill also bans the importation and reexport of commercially farmed octopus into the United States, with a one-year grace period after the law's enactment before the import ban takes effect. Violations of the import restrictions carry civil penalties of up to $100,000 or the fair market value of the octopus, whichever is greater. The legislation includes exceptions for octopus used by accredited aquariums and zoos for public display, breeding programs, or research purposes, and requires the National Oceanic and Atmospheric Administration to track the harvest methods for imported octopus. The bill was introduced by Senators Whitehouse and Murkowski and referred to the Commerce, Science, and Transportation Committee.