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- S.2098
S.2098: Foreign Investment Risk Review Modernization Act of 2018
About This Bill
- Introduced Nov. 8, 2017
- Latest Major Action May 22, 2018
Bill Sponsor
Bill Cosponsors
12 (5 Democrats, 7 Republicans)
Bill Versions
- Reported to Senate - May 22, 2018
- Introduced in Senate - Nov. 8, 2017
Bill Summary
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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
Date | Description |
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May 22, 2018 |
Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
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May 22, 2018 |
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Crapo with an amendment in the nature of a substitute and an amendment to the title. Without written report.
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May 22, 2018 |
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
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Jan. 30, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
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Jan. 30, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-161.
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Jan. 25, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
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Jan. 25, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-160.
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Jan. 18, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
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Nov. 8, 2017 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Nov. 8, 2017 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S7111-7118)
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Nov. 8, 2017 |
Introduced in the Senate by John Cornyn (R-Texas) |