Foreign Investment Risk Review Modernization Act of 2018

E532549

The Foreign Investment Risk Review Modernization Act of 2018 is a U.S. law that significantly expanded and modernized the authority of the Committee on Foreign Investment in the United States (CFIUS) to review and address national security risks arising from foreign investments.

All labels observed (2)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal statute ⓘ
national security law ⓘ
abbreviation CFIUS reform law ⓘ
addresses investments involving critical infrastructure ⓘ
investments involving critical technologies ⓘ
investments involving sensitive personal data of U.S. citizens ⓘ
amends Section 721 of the Defense Production Act of 1950 ⓘ
appliesTo certain real estate transactions by foreign persons in the United States ⓘ
foreign persons investing in U.S. businesses ⓘ
authorizes collection of filing fees for certain CFIUS notices ⓘ
country United States ⓘ
effectiveDate 2018-08-13 ⓘ
enactedBy 115th United States Congress ⓘ
enactmentDate 2018-08-13 ⓘ
establishes mandatory declarations for certain foreign investments ⓘ
pilot programs for critical technologies review ⓘ
expandsAuthorityOf Committee on Foreign Investment in the United States ⓘ
focusesOn foreign control of U.S. businesses ⓘ
national security risks ⓘ
non-controlling investments in sensitive U.S. businesses ⓘ
real estate transactions near sensitive U.S. facilities ⓘ
implementedBy Committee on Foreign Investment in the United States ⓘ
U.S. Department of the Treasury ⓘ
implementedThrough CFIUS regulations at 31 C.F.R. Part 800 ⓘ
CFIUS regulations at 31 C.F.R. Part 802 ⓘ
jurisdiction federal jurisdiction of the United States ⓘ
language English ⓘ
legislativeBody United States Congress ⓘ
mainSubject Committee on Foreign Investment in the United States ⓘ
partOf John S. McCain National Defense Authorization Act for Fiscal Year 2019 ⓘ
policyArea economic security ⓘ
foreign investment screening ⓘ
national security ⓘ
presidentAtEnactment Donald Trump ⓘ
purpose to address national security risks arising from certain foreign investments ⓘ
to expand the scope of transactions subject to CFIUS review ⓘ
to modernize the CFIUS review process ⓘ
regulates foreign investment in the United States ⓘ
relatedTo Defense Production Act of 1950 ⓘ
Export Control Reform Act of 2018 ⓘ
requires greater interagency coordination on foreign investment reviews ⓘ
periodic reports to Congress on CFIUS activities ⓘ
submission of short-form declarations for certain transactions ⓘ
shortName FIRRMA ⓘ
signedBy Donald Trump ⓘ
strengthens CFIUS enforcement authorities ⓘ
CFIUS review procedures ⓘ
targets certain Chinese and other strategic foreign investments ⓘ
certain foreign government–controlled investments ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Export Control Reform Act of 2018 → relatedTo → Foreign Investment Risk Review Modernization Act of 2018 ⓘ
Public Law 115-232 → containsProvision → Foreign Investment Risk Review Modernization Act of 2018 ⓘ
Committee on Foreign Investment in the United States → legalAuthority → Foreign Investment Risk Review Modernization Act of 2018 ⓘ
Committee on Foreign Investment in the United States → expandedBy → Foreign Investment and National Security Act of 2007 ⓘ
linked to: Foreign Investment Risk Review Modernization Act of 2018
Committee on Foreign Investment in the United States → expandedBy → Foreign Investment Risk Review Modernization Act of 2018 ⓘ