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H.R. 5841: Foreign Investment Risk Review Modernization Act of 2018

About the bill

Since 1975, the Committee on Foreign Investment in the United States (CFIUS) has been tasked with ensuring that America’s foreign investments don’t harm its national security. An interagency committee, it’s led by the Treasury Secretary.

Although it’s only able to produce recommendations to the president instead of issuing its own policies, presidents of both parties through the decades have often heeded its calls. President Trump blocked a Chinese company’s attempted purchase of an Oregon-based semiconductor company in 2017, and also blocked a Singapore company’s ...

Sponsor and status

Robert Pittenger

Sponsor. Representative for North Carolina's 9th congressional district. Republican.

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Last Updated: Jun 27, 2018
Length: 164 pages
Introduced:

May 16, 2018

Status:

Passed House (Senate next) on Jun 26, 2018

This bill passed in the House on June 26, 2018 and goes to the Senate next for consideration.

Prognosis:

69% chance of being enacted according to Skopos Labs (details)

History

May 16, 2018
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

May 22, 2018
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jun 22, 2018
 
On House Schedule

The House indicated that this bill would be considered in the week ahead.

Jun 26, 2018
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Jun 26, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 5841 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 5841 — 115th Congress: Foreign Investment Risk Review Modernization Act of 2018.” www.GovTrack.us. 2018. September 21, 2018 <https://www.govtrack.us/congress/bills/115/hr5841>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.