H. R. 4337
IN THE HOUSE OF REPRESENTATIVES
November 9, 2017
Mr. Royce of California (for himself and Mrs. Carolyn B. Maloney of New York) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
To amend the Defense Production Act of 1950 to require national security reviews carried out by the Committee on Foreign Investment in the United States to take into account the potential effects of covered transactions on personally identifiable information.
This Act may be cited as the
Safeguarding American Personal Information and Investment Act or the
Safeguarding American PII Act.
Factoring the impact of foreign transactions on personally identifiable information in CFIUS national security reviews
Section 721 of the Defense Production Act of 1950 (50 U.S.C. 4565) is amended—
in subsection (a), by adding at the end the following:
Personally identifiable information
personally identifiable information means data in a form that identifies a particular individual, either alone or when combined with other personal or identifying information that is linked or linkable to a specific individual.
in subsection (f)—
in paragraph (10), by striking
and at the end;
by redesignating paragraph (11) as paragraph (12); and
by inserting after paragraph (10) the following new paragraph:
whether the covered transaction could expose the personally identifiable information of United States persons in a manner that threatens national security; and