,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hdjg  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #bi1        
#bjbj,mr4 ,res*5?al] 7= himself1 ,mr4   
,mc,caul1 & ,mr4 ,riggleman7 introduc$ !
 foll[+ bill2 :i* 0 ref]r$ to !         
,committee on ,f9ancial ,s]vices1 & 9   
addition to ! ,committee on ,=eign      
,affairs1 = a p]iod to be subsequ5tly   
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to require ! ,securities &    
,ex*ange ,commission to assess :e!r !   
disclosure ( in=mation relat$ to        
inve/m5ts 9 c]ta9 entities is necess>y  
or appropriate = ! purposes ( c]ta9     
reports "u ! securities laws1 to e/abli%
 ! ,entities ( ! ,p's ,republic ( ,*9a t
 ,?reat5 ,unit$ ,/ates ,national        
,security ,li/1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,protect+ ,national ,security 9         
,f9ancial ,inve/m5ts ,act4  #b4         
,assessm5t ( in=mation ) respect to     

inve/m5ts 9 c]ta9 entities  7a7 ,9 g5]al
 ,n lat] ?an #cfj days foll[+ ! date ( !
 enactm5t ( ?is ,act1 ! ,securities &   
,ex*ange ,commission1 9 consultation ) !
 ,secret>y ( ! ,treasury1 %all submit to
 ! ,committee on ,f9ancial ,s]vices ( ! 
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate a report assess+ :e!r disclosure 
( inve/m5ts 9 entities on ! entity li/  
by an issu] qualifies z necess>y or     
appropriate = ! purposes ( section      
#ac7;a7 ( ! ,securities ,ex*ange ,act ( 
#aicd4  7b7 ,rulemak+ ,n lat] ?an #ahj  
days foll[+ submission ( ! report       
requir$ "u subsection 7a71 ! ,securities
 & ,ex*ange ,commission %all prescribe  
regulations requir+ an issu] to disclose
 9 any annual report requir$ "u section 
#ac ( ! ,securities ,ex*ange ,act (     
#aicd1 & 9 any prospectus 9 connection )
 an initial public (f]+1 ! in=mation    
assess$ by ! ,commission 9 su* report to
 be necess>y or appropriate = ! purposes
 ( subsection 7a7 ( su* section #ac4    

7c7 ,def9itions ,9 ?is section3 7#a7    
,entity li/ ,! t]m entity li/ means !   
li/ ma9ta9$ by ! ,bureau ( ,indu/ry &   
,security ( ! ,dep>tm5t ( ,comm]ce & set
 =? 9 ,supplem5t ,no4 #d to "p #gdd ( ! 
,export ,adm9i/ration ,regulations4     
7#b7 ,export ,adm9i/ration ,regulations 
,! t]m ,export ,adm9i/ration            
,regulations means sub*apt] ,c ( *apt]  
,,vii ( title #ae1 ,code ( ,f$]al       
,regulations4  #c4 ,entities ( ! ,p's   
,republic ( ,*9a t ,?reat5 ,unit$ ,/ates
 ,national ,security ,li/  7a7 ,9 g5]al 
,n lat] ?an "o ye> aft] ! date ( !      
enactm5t ( ?is ,act1 & annually !reaft]1
 ! ,secret>y ( ,/ate1 9 consultation ) !
 ,director ( ,national ,intellig5ce1 !  
,secret>y ( ,def5se1 & ! ,secret>y (    
,comm]ce1 %all submit to ! ,congress a  
li/ (-- 7#a7 ea* entity ( ! ,p's        
,republic ( ,*9a associat$ ) ! ,p's     
,lib]ation ,army1 ! ,*9ese ,p's ,arm$   
,police ,=ce1 ! ,m9i/ry ( ,/ate         
,security1 or ! ,*9a ,coa/ ,gu>d1       
includ+ any entity t-- 7,a7 is a li/$   

milit>y suppli]2  7,b7 is lic5s$ to     
engage 9 milit>y production2  7,c7 is   
c>ry+ out a decl>$ milit>y-civil fusion 
bus9ess /rategy2  7,d7 is a milit>y     
factory repres5tative1 on-site2  7,e7   
ma9ta9s an (fice 9 a milit>y-civil      
fusion-l9k$ indu/rial zone2  7,f7 is a  
def5se contractor or is involv$ 9 a     
def5se contractor p>tn]%ip2  7,g7 is    
engag$ 9 collaborative ef=ts ) a def5se 
rese>* & developm5t univ]sity2  7,h7 is 
a subsidi>y ( a def5se univ]sity2 or    
7,i7 is a milit>y-civil fusion fund+    
provid] or recipi5t2 &  7#b7 ea* entity 
( ! ,p's ,republic ( ,*9a t is own$1    
controll$1 or influ5c$ by an entity on !
 entity li/4  7b7 ,ref]5ce ,! li/       
requir$ by subsection 7a7 may be ref]r$ 
to z ! ,entities ( ! ,p's ,republic (   
,*9a t ,?reat5 ,unit$ ,/ates ,national  
,security ,li/4  7c7 ,public            
availability ,! ,secret>y ( ,/ate %all  
make ea* li/ submitt$ pursuant to       
subsection 7a7 available to ! public1   
includ+ on a website ( ! ,dep>tm5t (    

,/ate1 b %all remove any classifi$      
portions ( su* li/4  7d7 ,/atem5t (     
policy ,x is ! policy ( ! ,unit$ ,/ates 
t ! ,entities ( ! ,p's ,republic ( ,*9a 
t ,?reat5 ,unit$ ,/ates ,national       
,security ,li/ %\ld in=m ,f$]al         
,gov]nm5t policy4  7e7 ,def9itions ,9   
?is section3 7#a7 ,entity li/ ,! t]m    
entity li/ means ! li/ ma9ta9$ by !     
,bureau ( ,indu/ry & ,security ( !      
,dep>tm5t ( ,comm]ce & set =? 9         
,supplem5t ,no4 #d to "p #gdd ( !       
,export ,adm9i/ration ,regulations4     
7#b7 ,export ,adm9i/ration ,regulations 
,! t]m ,export ,adm9i/ration            
,regulations means sub*apt] ,c ( *apt]  
,,vii ( title #ae1 ,code ( ,f$]al       
,regulations4