S. 4485 — Introduced in Senate

II 116th CONGRESS 2d Session S. 4485 IN THE SENATE OF THE UNITED STATES August 6, 2020Mr. Tillis (for himself, Mr. Cornyn, and Mr. Rubio) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To modify the definition of critical technologies for purposes of reviews by the Committee on Foreign Investment in the United States. 1. Definition of critical technologies for purposes of reviews by the Committee on Foreign Investment in the United States Section 721(a)(6)(A)(vi) of the Defense Production Act of 1950 (50 U.S.C. 4565(a)(6)(A)(vi)) is amended— (1) by striking technologies controlled and inserting the following: “technologies— (I) controlled ; (2) by striking the period at the end and inserting ; or; and (3) by adding at the end the following: (II) identified by the chairperson and one other member of the Committee as essential to the national security of the United States. .