Foreign Investment Risk Review Modernization Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 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.
What just happenedJun 27, 2018
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.
Who’s behind it
- Placed on Calendar SenateJun 27, 2018
- Engrossed in HouseJun 26, 2018
- Introduced in HouseMay 16, 2018
- Jun 27, 2018Calendars
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.
- Jun 26, 2018FloorH38310
Motion to reconsider laid on the table Agreed to without objection.
- Jun 26, 2018FloorH37300
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)
- Jun 26, 2018Floor8000
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)
- Jun 26, 2018FloorH30000
Considered as unfinished business. (consideration: CR H5705-5706)
- Jun 26, 2018FloorH37220
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.
- Jun 26, 2018FloorH8D000
DEBATE - The House proceeded with forty minutes of debate on H.R. 5841.
- Jun 26, 2018FloorH30000
Considered under suspension of the rules. (consideration: CR H5674-5696)
- Jun 26, 2018FloorH30300
Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.
- Jun 26, 2018CommitteeH12200
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I.
Financial Services Committee - Jun 26, 2018Committee5000
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I.
Financial Services Committee - May 22, 2018Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.
Financial Services Committee - May 22, 2018Committee
Committee Consideration and Mark-up Session Held.
Financial Services Committee - May 18, 2018Committee
Referred to the Subcommittee on Digital Commerce and Consumer Protection.
Innovation, Data, and Commerce Subcommittee - May 16, 2018IntroReferralH11100
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.
Oversight and Accountability Committee - May 16, 2018IntroReferralH11100
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.
Intelligence (Permanent Select) Committee - May 16, 2018IntroReferralH11100
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.
Energy and Commerce Committee - May 16, 2018IntroReferralH11100
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.
Financial Services Committee - May 16, 2018IntroReferralH11100
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.
Foreign Affairs Committee - May 16, 2018IntroReferralIntro-H
Introduced in House
- May 16, 2018IntroReferral1000
Introduced in House