Bill > S3555

This bill, the Comprehensive Outbound Investment National Security Act of 2025, aims to protect U.S. national security by imposing sanctions on certain entities from the People's Republic of China (PRC) and by requiring notifications and potentially prohibiting certain investments by U.S. persons in countries of concern, which include the PRC, Cuba, Iran, North Korea, Russia, and Venezuela. The Secretary of the Treasury (referred to as "the Secretary") will be the primary administrator of this act, which will be in effect for seven years. The bill allows the President to impose sanctions on "covered foreign persons," defined as foreign entities with ties to a country of concern that are involved in defense or surveillance technology sectors, and grants the Secretary the authority to prohibit U.S. persons from making certain investments in these entities or in specific "prohibited technologies" and "notifiable technologies" that could advance the military, intelligence, surveillance, or cyber capabilities of countries of concern. The bill also mandates notification requirements for certain investments in these technologies and establishes processes for exemptions, reporting to Congress, and the creation of a public database of identified covered foreign persons, while also emphasizing low-burden regulations and transparency where possible.