A bill to modify the definition of critical technologies for purposes of reviews by the Committee on Foreign Investment in the United States.

II 116TH CONGRESS 2D SESSION S. 4485 To modify the definition of critical technologies for purposes of reviews by the Committee on Foreign Investment in the United States. IN THE SENATE OF THE UNITED STATES AUGUST 6, 2020 Mr. TILLIS (for himself, Mr. CORNYN, and Mr. RUBIO) introduced the fol- lowing bill; which was read twice and referred to the Committee on Bank- ing, Housing, and Urban Affairs A BILL To modify the definition of critical technologies for purposes of reviews by the Committee on Foreign Investment in the United States. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. DEFINITION OF CRITICAL TECHNOLOGIES FOR 3 PURPOSES OF REVIEWS BY THE COMMITTEE 4 ON FOREIGN INVESTMENT IN THE UNITED 5 STATES. 6 Section 721(a)(6)(A)(vi) of the Defense Production 7 Act of 1950 (50 U.S.C. 4565(a)(6)(A)(vi)) is amended— 8 VerDate Sep 11 2014 18:28 Aug 25, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S4485.IS S4485 pamtmann on DSKBC07HB2PROD with BILLS 2 •S 4485 IS (1) by striking ‘‘technologies controlled’’ and in- 1 serting the following: ‘‘technologies— 2 ‘‘(I) controlled’’; 3 (2) by striking the period at the end and insert- 4 ing ‘‘; or’’; and 5 (3) by adding at the end the following: 6 ‘‘(II) identified by the chair- 7 person and one other member of the 8 Committee as essential to the national 9 security of the United States.’’. 10 Æ VerDate Sep 11 2014 18:28 Aug 25, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S4485.IS S4485 pamtmann on DSKBC07HB2PROD with BILLS