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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2018-06-27 | Calendars | Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492. | Senate |
| 2018-06-26 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2018-06-26 | 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) | House floor actions |
| 2018-06-26 | Floor | Considered as unfinished business. (consideration: CR H5705-5706) | House floor actions |
| 2018-06-26 | Floor | 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. | House floor actions |
| 2018-06-26 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 5841. | House floor actions |
| 2018-06-26 | Floor | Considered under suspension of the rules. (consideration: CR H5674-5696) | House floor actions |
| 2018-06-26 | Floor | Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2018-06-26 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I. | House floor actions |
| 2018-05-22 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0. | House committee actions |
| 2018-05-22 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2018-05-18 | Committee | Referred to the Subcommittee on Digital Commerce and Consumer Protection. | House committee actions |
| 2018-05-16 | IntroReferral | 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. | House floor actions |
| 2018-05-16 | IntroReferral | 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. | House floor actions |
| 2018-05-16 | IntroReferral | 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. | House floor actions |
| 2018-05-16 | IntroReferral | 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. | House floor actions |
| 2018-05-16 | IntroReferral | 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. | House floor actions |
| 2018-05-16 | IntroReferral | Introduced in House | Library of Congress |