H.R. 5841: Foreign Investment Risk Review Modernization Act of 2018
CBO Report Details
Legislation Details
115th Congress
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.
Sponsor: Rep. Robert Pittenger — R — NC
H.R. 5841 aims to expand, modernize, and strengthen the operations of the Committee on Foreign Investment in the United States (CFIUS), an interagency committee that considers the national security implications of foreign investment in the United States. In addition, the act would codify and make small changes to the existing export control system and would delay the effective date of a regulation issued by the National Credit Union Administration (NCUA).
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