Bill
Bill > S2069
summary
Introduced
06/21/2023
06/21/2023
In Committee
06/21/2023
06/21/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To require the review by the Committee on Foreign Investment in the United States of greenfield investments by the People’s Republic of China.
AI Summary
This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review greenfield investments (the establishment of a new business facility) by the People's Republic of China (PRC). Specifically, it amends the Defense Production Act to include such PRC-backed greenfield investments as "covered transactions" that must be reviewed by CFIUS. The bill also defines the "Government of the People's Republic of China" to include national and subnational governments, departments, agencies, and instrumentalities. Additionally, the bill mandates that parties involved in these PRC-backed greenfield investments must submit a declaration to CFIUS for review.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/21/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/2069/all-info |
| BillText | https://www.congress.gov/118/bills/s2069/BILLS-118s2069is.pdf |
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