US Congress House Bill 4311 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 43-8)
Status: Introduced on November 8 2017 - 25% progression, died in chamber
Action: 2018-04-12 - Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Text: Latest bill text (Introduced) [PDF]

Foreign Investment Risk Review Modernization Act of 2017 This bill amends the Defense Production Act of 1950 to expand the scope of "covered transaction" subject to the review of the Committee on Foreign Investment in the United States (CFIUS). CFIUS analyzes the national security implications of foreign investment in the United States. A covered transaction includes: any merger, acquisition, or takeover that could result in foreign control of any U.S. business, the purchase or lease of real estate located in the United States that is in close proximity to a U.S. military installation or to another U.S. government facility or property that is sensitive for reasons relating to national security, other investment in a U.S. critical technology company or U.S. critical infrastructure company, any change in a foreign investor's rights that results in foreign control of a U.S. business, the contribution of intellectual property to a foreign person, or any other transaction, transfer, agreement, or arrangement designed to evade or circumvent the authority of CFIUS. The bill revises other provisions relating to CFIUS, including the length of its review period, special hiring authority and funding, and authority to mandate reviews or take unilateral action.

Foreign Investment Risk Review Modernization Act of 2017

Rep. Robert Pittenger [R-NC]	Rep. Devin Nunes [R-CA]	Rep. Christopher Smith [R-NJ]	Rep. Vicky Hartzler [R-MO]
Rep. Ted Yoho [R-FL]	Rep. Mike D. Rogers [R-AL]	Rep. Rosa DeLauro [D-CT]	Rep. Mike Gallagher [R-WI]
Rep. Martha Roby [R-AL]	Rep. David Loebsack [D-IA]	Rep. Denny Heck [D-WA]	Rep. Randy Weber [R-TX]
Rep. Sam Johnson [R-TX]	Rep. John Culberson [R-TX]	Rep. Sean Duffy [R-WI]	Rep. Steve King [R-IA]
Rep. Elise Stefanik [R-NY]	Rep. Jim Banks [R-IN]	Rep. Ron DeSantis [R-FL]	Rep. Tom Graves [R-GA]
Rep. Henry Cuellar [D-TX]	Rep. Tim Ryan [D-OH]	Rep. Blake Farenthold [R-TX]	Rep. Pete Sessions [R-TX]
Rep. Mike Coffman [R-CO]	Rep. Luke Messer [R-IN]	Rep. Alexander Mooney [R-WV]	Rep. Richard Hudson [R-NC]
Rep. Claudia Tenney [R-NY]	Rep. Duncan Hunter [R-CA]	Rep. Michael Conaway [R-TX]	Rep. Brad Wenstrup [R-OH]
Rep. Jody Hice [R-GA]	Rep. Liz Cheney [R-WY]	Rep. Walter Jones [R-NC]	Sen. Markwayne Mullin [R-OK]
Rep. Eric Crawford [R-AR]	Rep. Jason Smith [R-MO]	Rep. Mac Thornberry [R-TX]	Rep. Jim Cooper [D-TN]
Rep. Austin Scott [R-GA]	Rep. Bruce Westerman [R-AR]	Rep. Keith Rothfus [R-PA]	Rep. Bill Posey [R-FL]
Rep. Barry Loudermilk [R-GA]	Rep. Michael McCaul [R-TX]	Rep. Terri Sewell [D-AL]	Rep. Jackie Speier [D-CA]
Rep. Kay Granger [R-TX]	Rep. Chris Stewart [R-UT]	Rep. Pete Olson [R-TX]

Date	Chamber	Action
2018-04-12	House	Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
2017-11-10	House	Referred to the Subcommittee on Digital Commerce and Consumer Protection.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Intelligence (Permanent Select), Armed Services, and the Budget, 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.
2017-11-08	House	Introduced in House

SB2098 (Same As) 2018-05-22 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
SB2987 (Related) 2018-06-05 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 439.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/4311/all-info
Text	https://www.congress.gov/115/bills/hr4311/BILLS-115hr4311ih.pdf