Bill > HR5236

This bill amends the Defense Production Act of 1950 to expand the responsibilities of the Committee on Foreign Investment in the United States (CFIUS) regarding the review and reporting of government facilities and properties. Specifically, the bill broadens the definition of covered transactions to include facilities of the intelligence community and National Laboratories, and expands the criteria for review to include critical infrastructure concerns, such as drinking water systems, in addition to national security considerations. The bill requires CFIUS members to conduct an annual review of sensitive facilities and properties within their agencies by January 31st each year, preparing a report with recommended updates or revisions. The legislation mandates that CFIUS include a comprehensive list of notices and declarations related to these sensitive facilities in their annual report, and provides a mechanism for members of Congress to request classified briefings about the reviewed facilities. The goal is to enhance oversight and protection of critical government infrastructure by ensuring a more comprehensive and regular assessment of potentially vulnerable properties and facilities.

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https://www.congress.gov/bill/119th-congress/house-bill/5236/all-info