Foreign Investment Risk Review Modernization Act of 2018

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

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

7 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 27 June 2018

  ViewDownloadOpen at official source

• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 27 June 2018

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 26 June 2018

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 26 June 2018

  ViewDownloadOpen at official source

• Introduced in House (text)

  Introduced in House · EN · 16 May 2018

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 May 2018

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 May 2018

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.