About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline



H. Rept. 115-784,Part 1 1 (2018-06-26)

handle is hein.congrecreports/crptxaisl0001 and id is 1 raw text is: AUTHENTICATED r
U.S. GOVERNMENT
INFORMATION  4

















                       115TH  CONGRESS                                           REPT.  115-784
                          2d  Session   j  HOUSE OF REPRESENTATIVES                  Part  1








                          FOREIGN INVESTMENT RISK REVIEW MODERNIZATION
                                                    ACT OF 2018




                                           JUNE  26, 2018.-Ordered to be printed




                           Mr. HENSARLING, from the Committee on Financial Services,
                                               submitted   the  following



                                                   REPORT


                                                 [To accompany H.R. 5841]

                         The  Committee on Financial Services, to whom was referred the
                       bill (H.R.  5841)  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,  hav-
                       ing considered   the same,   report  favorably  thereon  with  an  amend-
                       ment  and  recommend that the bill as amended do pass.
                         The  amendment is as follows:
                         Strike  all after the enacting  clause  and  insert the following:
                       SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
                         (a) SHORT TITLE.-This Act may be cited as the Foreign Investment Risk Review
                       Modernization Act of 2018.
                         (b) TABLE OF CONTENTS.-The table of contents for this Act is as follows:
                       Sec. 1. Short title; table of contents.

                                           TITLE I-FINDINGS AND SENSE OF CONGRESS
                       Sec. 101. Findings and sense of Congress.

                                                    TITLE II-DEFINITIONS
                       Sec. 201. Definitions.

                       TITLE III-IMPROVEMENTS TO THE OPERATIONS OF THE COMMITTEE ON FOREIGN INVESTMENT
                                                   IN THE UNITED STATES
                       Sec. 301. Inclusion of partnership and side agreements in notice.
                       Sec. 302. Declarations relating to certain covered transactions.
                       Sec. 303. Timing for reviews and investigations.
                       Sec. 304. Submission of certifications to Congress.
                       Sec. 305. Analysis by Director of National Intelligence.
                       Sec. 306. Information sharing.
                       Sec. 307. Action by the President.
                       Sec. 308. Factors to be considered.
                       Sec. 309. Mitigation and other actions by the Committee to address national security risks.
                       Sec. 310. Certification of notices and information.
                       Sec. 311. Additional regulations.


79-006