S4899Referred to Committee

A bill to require the Secretary of State to establish the Initiative on Foreign Investment Screening, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-24
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Tim Kaine
Tim Kaine
Democrat · VA · Senator
Votes with party: 76.8% (840 recorded votes)

Full profile: /officials/K000384

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 →

Read twice and referred to the Committee on Foreign Relations.

2026-06-24

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The federal government would create a new program to review and evaluate foreign investments in the United States, particularly those that might affect national security or critical industries. This screening initiative would help the State Department identify potential risks from foreign companies or investors buying American businesses, technology, or infrastructure. The effort would affect major corporations, foreign investors, and government agencies involved in evaluating deals that could impact American economic and security interests.

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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