Foreign Investment Risk Review Modernization Act of 2018
Sponsor: Robert Pittenger (R-NC)
This bill amends the Defense Production Act of 1950 to revise the Committee on Foreign Investment in the United States' (CFIUS's) authority to review the national security implications of foreign investments. The definition of a "covered transaction" subject to CFIUS review is amended to include certain real estate transactions, sensitive transactions involving countries of special concern, and asset transfers pursuant to bankruptcy proceedings. Other topics revised by this bill include mitigation agreements, required CFIUS review factors, and CFIUS funding and resources.
Foreign Trade and International Finance Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 7.5% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 400 | 92.1% |
| Nay | Lost | 2 | 0.5% |
| Not represented on this question | No position taken | 0 | 7.5% |