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United States · Bill · HR

H.R. 5841 (115th)

Foreign Investment Risk Review Modernization Act of 2018

openUnited States· United States Congress· EN

Introduced

16 May 2018

Last action

27 June 2018 · Introduced

Status

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.

Sponsors

Rep. Pittenger, Robert [R-NC-9], Rep. Royce, Edward R. [R-CA-39]

Subjects

Defence

Source updated

7 April 2025

Defence

Summary

Foreign Investment Risk Review Modernization Act of 2018 This bill amends the Defense Production Act of 1950 to revise the Committee on Foreign Investment in the United States' (CFIUS's) authority to review the national security implications of foreign investments. The definition of a "covered transaction" subject to CFIUS review is amended to include certain real estate transactions, sensitive transactions involving countries of special concern, and asset transfers pursuant to bankruptcy proceedings. Other topics revised by this bill include mitigation agreements, required CFIUS review factors, and CFIUS funding and resources. The bill delays to 2021 the National Credit Union Administration rule titled "Risk-Based Capital" published on October 29, 2015. Export Control Reform Act of 2018 Export Controls Act of 2018 The bill grants the President authority to control and regulate: (1) the export, reexport, and transfer of commodities, software, or technology; and (2) activities relating to specific nuclear, chemical, biological, or other weapons and related projects, and foreign intelligence services. The President must establish an interagency process to identify emerging technologies essential to national security. Anti-Boycott Act of 2018 The President must issue regulations prohibiting specified actions with respect to foreign boycotts against a country friendly to the United States. The President must impose sanctions regarding the export, the transfer, or efforts by a foreign country to use or acquire specified weapons technology.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 May 2018

    Introduced

    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, Intelligence (Permanent Select), and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 16 May 2018

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 May 2018

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 18 May 2018

    Referred

    Referred to the Subcommittee on Digital Commerce and Consumer Protection.

    Source: Committee

  5. 22 May 2018

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.

    Source: Committee

  6. 22 May 2018

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 26 June 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  8. 26 June 2018

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 2 (Roll no. 295). (text: CR H5674-5690)

    Source: Floor

  9. 26 June 2018

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 2 (Roll no. 295).(text: CR H5674-5690)

    Source: Floor

  10. 26 June 2018

    Floor

    Considered under suspension of the rules. (consideration: CR H5674-5696)

    Source: Floor

  11. 26 June 2018

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  12. 26 June 2018

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5841.

    Source: Floor

  13. 26 June 2018

    Floor

    Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  14. 26 June 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I.

    Source: Committee

  15. 26 June 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I.

    Source: Committee

  16. 27 June 2018

    Introduced

    Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.

    Source: Calendars

Votes

26 June 2018 · passed · On Motion to Suspend the Rules and Pass, as Amended · Passed · Official source

Yes 400 · No 2 · Abstain — · Absent/not voting 25

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

7 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 27 June 2018

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 27 June 2018

    ViewDownloadOpen at official source

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  • Engrossed in House (text)

    Engrossed in House · EN · 26 June 2018

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 26 June 2018

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  • Introduced in House (text)

    Introduced in House · EN · 16 May 2018

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  • Introduced in House (PDF)

    Introduced in House · EN · 16 May 2018

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  • Introduced in House

    summary · EN · 16 May 2018

    Open at official source

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Sponsors

Related records

Sources

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