,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #faeb  ,,in ,,the ,,house ,,of  
,,representatives  ,march #i1 #bjbj,mr4 
,gallagher 7for himself1 ,mr4 ,turner1  
,ms4 ,cheney1 ,mr4 ,mc,caul1 ,mr4       
,banks1 ,mr4 ,perry1 and ,mr4 ,timmons7 
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services1 and in addition to
 the ,committees on ,foreign ,affairs1  
and ,energy and ,commerce1 for a period 
to be subsequently determined by the    
,speaker1 in each case for consideration
 of such provisions as fall within the  
jurisdiction of the committee concerned 
,a ,,bill  ,to require the ,committee on
 ,foreign ,investment in the ,united    
,states to consider whether a foreign   
person that is a party to a transaction 
undergoing review by the ,committee is  
connected to a foreign country that has 
installed information and communications
 technology designed1 developed1        
manufactured1 or supplied by persons    
owned or controlled by1 or subject to   

the jurisdiction or direction of1 a     
foreign adversary1 and for other        
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,protecting ,america
 ,from ,foreign ,investors ,compromised 
by the ,chinese ,communist ,party ,act  
of #bjbj4  #b4 ,sense of ,congress ,it  
is the sense of ,congress that-- 7#a7   
foreign investment provides substantial 
economic benefits to the ,united        
,states1 including the promotion of     
economic growth1 productivity1          
competitiveness1 and job creation1      
thereby enhancing national security2    
7#b7 maintaining the commitment of the  
,united ,states to an open investment   
policy encourages other countries to    
reciprocate and helps open new foreign  
markets for ,united ,states businesses2 
7#c7 it should continue to be the policy
 of the ,united ,states to              
enthusiastically welcome and support    
foreign investment1 consistent with the 
protection of national security2  7#d7  
at the same time1 the national security 

landscape has shifted in recent years1  
and so has the nature of the investments
 that pose the greatest potential risk  
to national security2 and  7#e7 those   
shifts warranted the modernization of   
the authorities of the ,committee on    
,foreign ,investment in the ,united     
,states under the ,foreign ,investment  
,risk ,review ,modernization ,act of    
#bjah 7subtitle ,a of title ,,xvii of   
,public ,law #aae-bcb2 #acb ,stat4      
#bagc74  #c4 ,modification of           
requirement for regulations defining    
foreign person for purposes of covered  
transactions  7a7 ,in general ,section  
#gba7;a77#d77;,e7 of the ,defense       
,production ,act of #aiej 7#ej ,u4,s4,c4
 #defe7;a77#d77;,e77 is amended by      
striking the third sentence and         
inserting the following3 8,such criteria
 shall take into consideration--  7i7   
how a foreign person is connected to a  
foreign country or foreign government2  
7ii7 whether that foreign country or    
foreign government has installed1 or    

allowed others to install1 within its   
territory information and communications
 technology 7including fifth-generation1
 or future-generation1 mobile           
telecommunications infrastructure7 that 
is designed1 developed1 manufactured1 or
 supplied by persons owned or controlled
 by1 or subject to the jurisdiction or  
direction of1 a foreign adversary 7as   
defined in ,executive ,order #achgc 7#ej
 ,u4,s4,c4 #agja note2 relating to      
securing the information and            
communications technology and services  
supply chain772  7iii7 whether the      
connection described in clause 7i7 may  
affect the national security of the     
,united ,states2 and  7iv7 how the      
installation described in clause 7ii7   
may affect the national security of the 
,united ,states4  4  7b7 ,regulations   
,not later than #ahj days after the date
 of the enactment of this ,act1 the     
,committee on ,foreign ,investment in   
the ,united ,states shall prescribe     
regulations to carry out the amendment  

made by subsection 7a74  #d4 ,update to 
list of excepted foreign states ,at     
least annually1 the ,committee on       
,foreign ,investment in the ,united     
,states shall review and update foreign 
states included in the definition of    
excepted foreign states as defined under
 section #hjj4bah of title #ca1 ,code of
 ,federal ,regulations4  #e4 ,report on 
alternatives to future-generation mobile
 telecommunications infrastructure      
supported by the ,government of the     
,people's ,republic of ,china  7a7 ,in  
general ,not later than #ahj days after 
the date of the enactment of this ,act1 
the ,president shall submit to the      
appropriate congressional committees a  
report describing whether and how the   
,united ,states ,government is          
coordinating with close trade and       
investment partners of the ,united      
,states to develop alternatives to      
fifth-generation1 or future-generation1 
mobile telecommunications infrastructure
 supported by the ,government of the    

,people's ,republic of ,china4  7b7     
,appropriate congressional committees   
defined ,in this section1 the term      
appropriate congressional committees    
means-- 7#a7 the ,committee on          
,commerce1 ,science1 and                
,transportation1 the ,committee on      
,banking1 ,housing1 and ,urban ,affairs1
 and the ,committee on ,foreign         
,relations of the ,senate2 and  7#b7 the
 ,committee on ,energy and ,commerce1   
the ,committee on ,financial ,services1 
and the ,committee on ,foreign ,affairs 
of the ,house of ,representatives4