To amend title VIII of the Defense Production Act of 1950 to alter the definitions of "prohibited technology" and "notifiable technology", and for other purposes.
Sponsor

Full profile: /officials/M001194
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Financial ServicesReferred To · 2026-06-02
Plain-English Summary
The proposal would change how the government defines which foreign investments in sensitive U.S. technologies require government review and approval, potentially expanding or narrowing the types of deals that need to be reported to federal authorities. This affects companies in tech, defense, and other industries that might receive investment from foreign sources, as well as foreign investors looking to fund American businesses. The changes would give the government clearer rules about which technology transfers and foreign ownership stakes pose national security concerns.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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