All Information (Except Text) for H.R.5841 - Foreign Investment Risk Review Modernization Act of 2018115th Congress (2017-2018)
Bill
Hide Overview| Sponsor: | Rep. Pittenger, Robert [R-NC-9] (Introduced 05/16/2018) |
|---|---|
| Committees: | House - Foreign Affairs; Financial Services; Energy and Commerce; Intelligence (Permanent); Oversight and Government |
| Committee Reports: | H. Rept. 115-784 |
| Latest Action: | Senate - 06/27/2018 Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492. (All Actions) |
| Roll Call Votes: | There has been 1 roll call vote |
Tracker:
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Introduced
- Passed House
Subject — Policy Area:
- Foreign Trade and International Finance
- View subjects
There are 3 versions of this bill. View text
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Titles (9)
Short Titles
Short Titles - House of Representatives
Short Titles as Passed House
Foreign Investment Risk Review Modernization Act of 2018
Short Titles as Passed House for portions of this bill
- Anti-Boycott Act of 2018
- Export Control Reform Act of 2018
- Export Controls Act of 2018
Short Titles as Introduced
Foreign Investment Risk Review Modernization Act of 2018
Short Titles as Introduced for portions of this bill
- Anti-Boycott Act of 2018
- Export Control Reform Act of 2018
- Export Controls Act of 2018
Official Titles
Official Titles - House of Representatives
Official Title as Introduced
To modernize and strengthen the Committee on Foreign Investment in the United States to more effectively guard against the risk to the national security of the United States posed by certain types of foreign investment, and for other purposes.
Actions Overview (3)
| Date | |
|---|---|
| 06/26/2018 | 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) |
| 06/26/2018 | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I. |
| 05/16/2018 | Introduced in House |
All Actions (18)
| Date | Chamber | |
|---|---|---|
| 06/27/2018 | Senate | Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492. |
| 06/26/2018-4:02pm | House | Motion to reconsider laid on the table Agreed to without objection. |
| 06/26/2018-4:02pm | 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) |
| 06/26/2018-3:54pm | House | Considered as unfinished business. (consideration: CR H5705-5706) |
| 06/26/2018-2:26pm | House | 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. |
| 06/26/2018-1:42pm | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 5841. |
| 06/26/2018-1:42pm | House | Considered under suspension of the rules. (consideration: CR H5674-5696) |
| 06/26/2018-1:42pm | House | Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended. |
| 06/26/2018 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I. |
| 05/22/2018 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0. Action By: Committee on Financial Services |
| 05/22/2018 | House | Committee Consideration and Mark-up Session Held. Action By: Committee on Financial Services |
| 05/18/2018 | House | Referred to the Subcommittee on Digital Commerce and Consumer Protection. Action By: Committee on Energy and Commerce |
| 05/16/2018 | House | 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. |
| 05/16/2018 | House | 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. |
| 05/16/2018 | House | 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. |
| 05/16/2018 | House | 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. |
| 05/16/2018 | House | 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. |
| 05/16/2018 | House | Introduced in House |
Cosponsors (1)
| Cosponsor | Date Cosponsored |
|---|---|
| Rep. Royce, Edward R. [R-CA-39] | 05/21/2018 |
Committees (5)
Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.
| Committee / Subcommittee | Date | Activity | Reports |
|---|---|---|---|
| House Foreign Affairs | 05/16/2018 | Referred to | |
| House Financial Services | 05/16/2018 | Referred to | |
| 05/22/2018 | Markup by | ||
| 06/26/2018 | Reported by | H. Rept. 115-784 |
|
| House Energy and Commerce | 05/16/2018 | Referred to | |
| House Energy and Commerce Subcommittee on Digital Commerce and Consumer Protection | 05/18/2018 | Referred to | |
| House Intelligence (Permanent) | 05/16/2018 | Referred to | |
| House Oversight and Government | 05/16/2018 | Referred to |
Subjects (38)
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
- Administrative law and regulatory procedures
- Alliances
- Arms control and nonproliferation
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Chemical and biological weapons
- Competitiveness, trade promotion, trade deficits
- Computer security and identity theft
- Congressional oversight
- Corporate finance and management
- Department of Commerce
- Department of the Treasury
- Europe
- Executive agency funding and structure
- Federal officials
- Federal preemption
- Foreign aid and international relief
- Foreign and international corporations
- Government studies and investigations
- Human rights
- Infrastructure development
- Intelligence activities, surveillance, classified information
- International organizations and cooperation
- Licensing and registrations
- Military assistance, sales, and agreements
- Military operations and strategy
- Nuclear weapons
- Presidents and presidential powers, Vice Presidents
- Public contracts and procurement
- Racial and ethnic relations
- Sanctions
- State and local government operations
- Technology transfer and commercialization
- Terrorism
- Trade restrictions
- U.S. and foreign investments
- War and emergency powers
Latest Summary (1)
Shown Here:
Introduced in House (05/16/2018)
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.