,,ii #aaf? ,,congress #b;d ,session ,s4 #ejdi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ag1 #bjbj,mr4 ,casey introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require reviews ( ,unit$ ,/ates inve/m5t 9 =eign c\ntries t may ?reat5 national critical capabilities & to improve ! use ( au?orities "u ! ,def5se ,production ,act ( #aiej1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj4 #b4 ,national critical capabilities reviews ,! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #deja et seq47 is am5d$ by add+ at ! end ! foll[+3 ,,viii ,national critical capabilities reviews #hja4 ,def9itions ,9 ?is title3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation1 ! ,committee on ,f9ance1 ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions1 & ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate2 & 7,b7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,education & ,labor1 ! ,committee on ,f9ancial ,s]vices1 ! ,committee on ,homel& ,security1 ! ,committee on ,transportation & ,infra/ructure1 & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives4 7#b7 ,commission ,! t]m ,commission means ! commission e/abli%$ "u section #hjc4 7#c7 ,committee ,! t]m ,committee means ! ,committee on ,national ,critical ,capabilities e/abli%$ "u section #hjb4 7#d7 ,control ,! t]m control means ! p[]1 direct or indirect1 :e!r ex]cis$ or n ex]cis$1 to det]m9e1 direct1 or decide important matt]s affect+ an entity1 subject to regulations prescrib$ by ! ,committee4 7#e7 ,c\ntry ( conc]n ,! t]m c\ntry ( conc]n has ! mean+ giv5 t t]m 9 regulations prescrib$ by ! ,committee4 7#f7 ,cov]$ transaction 7,a7 ,9 g5]al ,except z o!rwise provid$1 ! t]m cov]$ transaction means any ( ! foll[+ =ms ( outb\nd inve/m5t1 propos$ or p5d+ on or aft] ! date ( ! enactm5t ( ?is title3 7i7 ,any m]g]1 acquisition1 or takeov] ( a =eign p]son by or ) a ,unit$ ,/ates bus9ess t c\ld result 9 a ?reat to "o or m national critical capabilities1 includ+ su* a m]g]1 acquisition1 or takeov] c>ri$ out ?r\gh a jo9t v5ture4 7ii7 ,any o!r inve/m5t1 subject to regulations prescrib$ "u subp>agraph 7,b71 by a ,unit$ ,/ates bus9ess 9 a =eign p]son t-- 7,i7 owns1 op]ates1 manufactures1 supplies1 or s]vices national critical capabilities2 or 7,,ii7 produces1 designs1 te/s1 manufactures1 fabricates1 or develops "o or m national critical capabilities4 7iii7 ,any *ange 9 ! rights t a ,unit$ ,/ates bus9ess has ) respect to a =eign p]son 9 :i* ! ,unit$ ,/ates bus9ess has an inve/m5t1 if t *ange c\ld result 9-- 7,i7 a ?reat to "o or m national critical capabilities2 or 7,,ii7 an inve/m5t describ$ 9 clause 7ii74 7iv7 ,any o!r transaction1 transf]1 agreem5t1 or arrangem5t1 ! /ructure ( :i* is design$ or int5d$ to evade or circumv5t ! application ( ?is title1 subject to regulations prescrib$ by ! ,committee4 7,b7 ,o!r inve/m5ts 7i7 ,o!r inve/m5t def9$ ,= purposes ( subp>agraph 7,a77ii71 ! t]m o!r inve/m5t means an inve/m5t1 direct or indirect1 by a ,unit$ ,/ates bus9ess 9 a =eign p]son describ$ 9 t subp>agraph t is n an inve/m5t describ$ 9 subp>agraph 7,a77i7 & t-- 7,i7 af=ds ! =eign p]son-- 7aa7 ! ability to %ift to a =eign c\ntry any mat]ial nonpublic te*nical in=mation relat$ to national critical capabilities 9 ! possession ( ! ,unit$ ,/ates bus9ess2 7bb7 memb]%ip or obs]v] rights on ! bo>d ( directors or equival5t gov]n+ body ( ! ,unit$ ,/ates bus9ess or ! "r to nom9ate an individual to a position on ! bo>d ( directors or equival5t gov]n+ body2 or 7cc7 any involvem5t1 o!r ?an ?r\gh vot+ ( %>es1 9 sub/antive decision mak+ ( ! ,unit$ ,/ates bus9ess reg>d+-- 7,,aa7 ! use1 developm5t1 acquisition1 safekeep+1 or release ( s5sitive p]sonal data ( ,unit$ ,/ates citiz5s ma9ta9$ or collect$ by ! ,unit$ ,/ates bus9ess2 7,,bb7 a %ift to a =eign c\ntry ( production1 developm5t acquisition1 or release ( national critical capabilities2 7,,cc7 a %ift to a =eign c\nty ( ! managem5t1 op]ation1 manufacture1 or supply ( national critical capabilities2 or 7,,dd7 ! transf] ( k f ! ,unit$ ,/ates bus9ess by any means1 includ+ ! tra9+ ( an employee "u an agreem5t1 ei!r writt5 or v]bal1 "u :i* ! employee is expect$ to acquire su* k & lat] ! su* k ) an entity 9 a =eign c\ntry2 7,,ii7 results 9 a %ift 9 production f ! ,unit$ ,/ates to a =eign c\ntry2 or 7,,iii7 results 9 ! e/abli%m5t ( a new entity 9 a =eign c\ntry4 7ii7 ,mat]ial nonpublic te*nical in=mation def9$ 7,i7 ,9 g5]al ,= purposes ( clause 7i77,i71 & subject to regulations prescrib$ by ! ,committee1 ! t]m mat]ial nonpublic te*nical in=mation means in=mation t-- 7aa7 relates to ! k1 "k-h[1 or und]/&+1 n available 9 ! public doma91 ( ! design1 location1 or op]ation ( national critical capabilities2 or 7bb7 is n available 9 ! public doma91 & is necess>y to design1 fabricate1 develop1 te/1 produce1 or manufacture national critical capabilities1 includ+ processes1 te*niques1 or me?ods4 7,,ii7 ,exemption = f9ancial in=mation ,not)/&+ subclause 7,i71 = purposes ( ?is subp>agraph1 ! t]m mat]ial nonpublic te*nical in=mation does n include f9ancial in=mation reg>d+ ! p]=mance ( a =eign p]son4 7iii7 ,regulations 7,i7 ,9 g5]al ,! ,committee %all prescribe regulations provid+ guidance on ! types ( transactions t ! ,committee consid]s to be o!r inve/m5t = purposes ( subp>agraph 7,a77ii74 7,,ii7 ,unit$ ,/ates bus9esses t own1 op]ate1 manufacture1 supply1 or s]vice national critical capabilities ,! regulations prescrib$ by ! ,committee ) respect to an inve/m5t describ$ 9 subp>agraph 7,a77ii77,i7 %all-- 7aa7 specify ! national critical capabilities subject to t subp>agraph bas$ on crit]ia int5d$ to limit application ( t subp>agraph to ! subset ( national critical capabilities t is likely to be ( importance to ! national security ( ! ,unit$ ,/ates2 & 7bb7 enum]ate specific types & examples ( su* capabilities4 7#g7 ,=eign p]son ,! t]m =eign p]son means-- 7,a7 an individual :o is n a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 or 7,b7 an entity t is n organiz$ "u ! laws ( ! ,unit$ ,/ates or ( any jurisdiction )9 ! ,unit$ ,/ates1 includ+ su* an entity-- 7i7 own$ or controll$ by a ,unit$ ,/ates bus9ess2 or 7ii7 own$ or controll$ by ! gov]nm5t ( a =eign c\ntry4 7#h7 ,national critical capabilities ,! t]m national critical capabilities1 subject to regulations prescrib$ by ! ,committee-- 7,a7 means sy/ems & assets1 :e!r physical or virtual1 s vital to ! ,unit$ ,/ates t ! inability to develop su* sy/ems & assets or ! incapacity or de/ruction ( su* sy/ems or assets w\ld h a debilitat+ impact on national security2 & 7,b7 includes ! foll[+3 7i7 ,! production1 9 suffici5t quantities1 ( any ( ! foll[+ articles3 7,i7 ,m$ical supplies1 m$ic9es1 & p]sonal protective equipm5t4 7,,ii7 ,articles critical to ! ma9t5ance ( ! national electrical grid4 7,,iii7 ,articles critical to infra/ructure con/ruction aft] a natural or manmade disa/]4 7,,iv7 ,any o!r articles ! ,committee consid]s appropriate1 includ+ articles recomm5d$ by ! ,commission "u section #hjf7;c74 7ii7 ,! supply *a9s = ! production ( su* articles4 7iii7 ,! supply *a9 = ! ,dep>tm5t ( ,def5se4 7iv7 ,any o!r supply *a9 ! ,committee consid]s appropriate1 includ+ supply *a9s recomm5d$ by ! ,commission "u section #hjf7;c74 7v7 ,s]vices critical to ! production ( articles describ$ 9 clause 7i7 or a supply *a9 describ$ 9 clause 7ii71 7iii71 or 7iv74 7vi7 ,m$ical s]vices4 7vii7 ,s]vices critical to ! ma9t5ance ( ! national electrical grid4 7viii7 ,s]vices critical to infra/ructure con/ruction aft] a natural or manmade disa/]4 7#i7 ,national security ,! t]m national security-- 7,a7 has ! mean+ giv5 t t]m 9 section #gba2 & 7,b7 includes agricultural security1 heal? security1 homel& security1 infra/ructure security1 & natural res\rces security4 7#aj7 ,p>ty ,! t]m p>ty1 ) respect to a transaction1 has ! mean+ giv5 t t]m 9 regulations prescrib$ by ! ,committee4 7#aa7 ,unit$ /ates ,! t]m ,unit$ ,/ates means ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 & any t]ritory or possession ( ! ,unit$ ,/ates4 7#ab7 ,unit$ /ates bus9ess ,! t]m ,unit$ ,/ates bus9ess means a p]son engag$ 9 int]/ate comm]ce 9 ! ,unit$ ,/ates4 #hjb4 ,committee on ,national ,critical ,capabilities 7a7 ,9 g5]al ,!re is e/abli%$ a committee1 to be kn[n z ! ,committee on ,national ,critical ,capabilities1 :i* %all c>ry out ?is title & su* o!r assignm5ts z ! ,presid5t may designate4 7b7 ,memb]%ip 7#a7 ,9 g5]al ,! ,committee %all be compris$ ( ! head1 or a designee ( ! head1 ( ea* ( ! foll[+3 7,a7 ,! ,(fice ( ,sci5ce & ,te*nology ,policy4 7,b7 ,! ,dep>tm5t ( ! ,treasury4 7,c7 ,! ,dep>tm5t ( ,homel& ,security4 7,d7 ,! ,dep>tm5t ( ,comm]ce4 7,e7 ,! ,dep>tm5t ( ,def5se4 7,f7 ,! ,dep>tm5t ( ,/ate4 7,g7 ,! ,dep>tm5t ( ,ju/ice4 7,h7 ,! ,dep>tm5t ( ,en]gy4 7,i7 ,! ,dep>tm5t ( ,heal? & ,human ,s]vices4 7,j7 ,! ,dep>tm5t ( ,agriculture4 7,k7 ,! ,dep>tm5t ( ,labor4 7,l7 ,! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7,m7 ,! ,national ,in/itute ( ,/&>ds & ,te*nology4 7,n7 ,! ,c5t]s = ,disease ,control & ,prev5tion4 7,o7 ,! ,national ,in/itute ( ,all]gy & ,infecti\s ,diseases4 7,p7 ,any o!r ,f$]al ag5cy ! ,presid5t det]m9es appropriate1 g5]ally or on a case-by-case basis4 7#b7 ,ex (ficio memb] ,9 addition ! memb]s ( ! ,committee specifi$ 9 p>agraph 7#a71 ! ,director ( ,national ,intellig5ce %all be a nonvot+1 ex (ficio memb] ( ! ,committee4 7c7 ,co-,*airs ,! ,secret>y ( ,homel& ,security & ! ,secret>y ( ,comm]ce %all s]ve z ! co-*airs ( ! ,committee4 7d7 ,designation ( (ficials ,to c>ry out duties relat$ to ,committee ,! head ( ea* ag5cy repres5t$ on ! ,committee %all designate an (ficial1 at or equival5t to ! level ( ,assi/ant ,secret>y 9 ! ,dep>tm5t ( ! ,treasury1 :o is appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate1 to c>ry out su* duties relat$ to ! ,committee z ! head ( ! ag5cy may assign4 #hjc4 ,review ( cov]$ transactions 7a7 ,m&atory notification ,a ,unit$ ,/ates bus9ess t engages 9 a cov]$ transaction %all submit a writt5 notification ( ! transaction to ! ,committee4 7b7 ,review 7#a7 ,9 g5]al ,n lat] ?an #fj days aft] receiv+ writt5 notification "u subsection 7a7 ( a cov]$ transaction1 ! ,committee %all-- 7,a7 review ! transaction to det]m9e if ! transaction is likely to result 9 a ?reat to "o or m national critical capabilities1 consid]+ factors specifi$ 9 section #hje7;a72 & 7,b7 if ! ,committee det]m9es "u subp>agraph 7,a7 t ! transaction poses a ?reat describ$ 9 t subp>agraph1 recomm5d to ! ,presid5t t appropriate action be tak5 to address or mitigate t ?reat1 su* z-- 7i7 procurem5t by ! ,f$]al ,gov]nm5t ( articles & s]vices describ$ 9 section #hja7;a77#h77;,b7 produc$ or suppli$ 9 ! ,unit$ ,/ates2 7ii7 use ( au?orities "u title ,i or ,,iii to increase ! production & supply ( su* articles & s]vices 9 ! ,unit$ ,/ates2 7iii7 ! use or e/abli%m5t ( ,f$]al programs to support ! production or supply ( su* articles & s]vices 9 ! ,unit$ ,/ates2 7iv7 ! initiation ( an inve/igation "u section #bcb ( ! ,trade ,expansion ,act ( #aifb 7#ai ,u4,s4,c4 #ahfb7 ) respect to su* articles2 or 7v7 su* o!r actions z ! ,committee consid]s appropriate4 7#b7 ,unilat]al initiation ( review ,! ,committee may initiate a review "u p>agraph 7#a7 ( a cov]$ transaction = :i* writt5 notification is n submitt$ "u subsection 7a74 7#c7 ,initiation ( review by reque/ f congress ,! ,committee %all initiate a review "u p>agraph 7#a7 ( a cov]$ transaction if ! *airp]son & ! rank+ memb] ( any ( ! appropriate congressional committees reque/ ! ,committee to review ! transaction4 7c7 ,au?ority ,to susp5d transactions 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#c71 ! ,committee may susp5d or prohibit1 9 accordance ) p>agraph 7#d71 a propos$ or p5d+ cov]$ transaction describ$ 9 p>agraph 7#b7 = su* "t z ! cov]$ transaction is "u review "u ?is section4 7#b7 ,transactions describ$ ,a cov]$ transaction is describ$ 9 ?is p>agraph if ! ,committee det]m9es t ! transaction poses a ?reat to "o or m national critical capabilities4 7#c7 ,exception ,! ,committee may n susp5d or prohibit a cov]$ transaction "u p>agraph 7#a7 if ! transaction is relat$ to an article or s]vice ! supply *a9 = :i* is h\s$ :olly )9 ! ,unit$ ,/ates or c\ntries t are allies ( ! ,unit$ ,/ates4 7#d7 ,proc$ures ,! ,committee may susp5d or prohibit a propos$ or p5d+ cov]$ transaction "u p>agraph 7#a7 if-- 7,a7 ! motion to susp5d or prohibit ! transaction is be rais$ by n less ?an #a_/c ( ! memb]s ( ! ,committee2 & 7,b7 n less ?an #c_/e ( ! memb]s ( ! ,committee vote 9 favor ( ! motion4 #hjd4 ,action by ! ,presid5t 7a7 ,9 g5]al ,subject to subsection 7d71 ! ,presid5t may take su* action = su* "t z ! ,presid5t consid]s appropriate to susp5d or prohibit any cov]$ transaction t poses a ?reat to "o or m national critical capabilities4 7b7 ,ann\ncem5t by ! presid5t ,! ,presid5t %all ann\nce ! decision on :e!r or n to take action pursuant to subsection 7a7 ) respect to a cov]$ transaction n lat] ?an #ae days aft] ! e>li] ( ! date on :i* ! review ( ! transaction "u section #hjc is complet$4 7c7 ,en=cem5t ,! ,presid5t may direct ! ,attorney ,g5]al ( ! ,unit$ ,/ates to seek appropriate relief1 includ+ dive/m5t relief1 9 ! di/rict c\rts ( ! ,unit$ ,/ates1 9 ord] to implem5t & en=ce ?is section4 7d7 ,f9d+s ( ! presid5t ,! ,presid5t may ex]cise ! au?ority conf]r$ by subsection 7a7 ) respect to a cov]$ transaction only if ! ,presid5t f9ds t-- 7#a7 !re is cr$ible evid5ce t leads ! ,presid5t to believe t ! transaction poses a ?reat to "o or m national critical capabilities2 & 7#b7 provisions ( law 7o!r ?an ?is section7 d n1 9 ! judgm5t ( ! ,presid5t1 provide adequate & appropriate au?ority = ! ,presid5t to protect su* capabilities4 7e7 ,factors ,to be consid]$ ,= purposes ( det]m9+ :e!r to take action "u subsection 7a71 ! ,presid5t %all consid]1 among o!r factors ea* ( ! factors describ$ 9 section #hje7;a71 z appropriate4 #hje4 ,factors to be consid]$ 7a7 ,9 g5]al ,! ,committee1 9 review+ & mak+ a det]m9ation ) respect to a cov]$ transaction "u section #hjc1 & ! ,presid5t1 9 det]m9+ :e!r to take action "u section #hjd ) respect to a cov]$ transaction1 %all consid] any factors relat+ to national critical capabilities t ! ,committee or ! ,presid5t consid]s relevant1 includ+-- 7#a7 ! long-t]m /rategic economic1 national security1 & crisis prep>$ness int]e/s ( ! ,unit$ ,/ates2 7#b7 ! hi/ory ( di/ortive trade practices 9 ea* c\ntry 9 :i* a =eign p>ty to ! transaction is domicil$2 7#c7 control & b5eficial own]%ip 7z det]m9$ 9 accordance ) section #hdg ( ! ,national ,def5se ,au?orization ,act = ,fiscal ,ye> #bjbj 7,public ,law #aaf-ib77 ( ea* =eign p]son t is a p>ty to ! transaction2 & 7#d7 impact on ! dome/ic indu/ry & result+ resili5cy1 includ+ ! dome/ic skills base1 tak+ into consid]ation any patt]n ( =eign inve/m5t 9 ! dome/ic indu/ry4 7b7 ,supply *a9 s5sitivities ,! ,committee %all det]m9e ! s5sitivities & national security risks = s\rc+ ( articles describ$ 9 section #hja7;a77#h77;,b77i71 9 accordance ) ! foll[+3 7#a7 ,! s\rc+ ( lea/ conc]n %all be articles ! supply *a9s = :i* are h\s$ 9 :ole )9 ,nor? ,am]ica4 7#b7 ,! s\rc+ ( less] conc]n %all be articles ! supply *a9s = :i* are h\s$ 9 :ole )9 c\ntries t are allies ( ! ,unit$ ,/ates4 7#c7 ,! s\rc+ ( great] conc]n %all be articles ! supply *a9s = :i* are h\s$ 9 "p )9 c\ntries ( conc]n4 7#d7 ,! s\rc+ ( greate/ conc]n %all be articles ! supply *a9s = :i* are h\s$ or sub/antially dep5d5t on res\rces f c\ntries ( conc]n4 #hjf4 ,congressional commission 7a7 ,e/abli%m5t ( ,commission ,!re is e/abli%$ a congressional commission1 :i* %all-- 7#a7 review ! activities ( ! ,committee annually2 & 7#b7 make recomm5dations ) respect to indu/ries to be review$4 7b7 ,memb]%ip ,! ,commission %all be compris$ ( ! foll[+3 7#a7 ,?ree ,memb]s ( ! ,s5ate f ! majority p>ty1 appo9t$ by ! majority lead] ( ! ,s5ate4 7#b7 ,?ree ,memb]s ( ! ,s5ate f ! m9ority p>ty1 appo9t$ by ! m9ority lead] ( ! ,s5ate4 7#c7 ,?ree ,memb]s ( ! ,h\se ( ,repres5tatives f ! majority p>ty1 appo9t$ by ! ,speak] ( ! ,h\se4 7#d7 ,?ree ,memb]s ( ! ,h\se ( ,repres5tatives f ! m9ority p>ty1 appo9t$ by ! m9ority lead] ( ! ,h\se4 7#e7 ,?ree individuals repres5t+ work]s & labor organizations1 appo9t$ by ! *airp]son ( ! policy advisory committee on labor e/abli%$ "u section #ace7;c77#a7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baee7;c77#a774 7#f7 ,?ree individuals ) exp]tise 9 dome/ic manufactur+ & supply *a9s1 appo9t$ by ! *airp]son ( ! committee ref]r$ to 9 p>agraph 7#e74 7c7 ,review ( indu/ries 7#a7 ,9 g5]al ,! ,commission %all-- 7,a7 conduct a review (-- 7i7 ! indu/ries specifi$ 9 p>agraph 7#b72 & 7ii7 all indu/ries id5tifi$ by ,f$]al ,em]g5cy ,managem5t ,ag5cy z c>ry+ out em]g5cy support functions2 & 7,b7 n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj1 submit to ! ,committee recomm5dations ) respect to additional articles1 supply *a9s1 & s]vices to be includ$ 9 ! def9ition ( national critical capabilities "u section #hja7;a77#h74 7#b7 ,indu/ries specifi$ ,! indu/ries specifi$ 9 ?is subsection are ! foll[+3 7,a7 ,en]gy4 7,b7 ,m$ical4 7,c7 ,communications1 includ+ electronic & communications compon5ts4 7,d7 ,def5se4 7,e7 ,transportation4 7,f7 ,a]ospace4 7,g7 ,robotics4 7,h7 ,artificial intellig5ce4 7,i7 ,semiconductors4 7,j7 ,%ipbuild+4 7,k7 ,wat]1 includ+ wat] purification4 7d7 ,application ( ,f$]al ,advisory ,committee ,act ,! provisions ( ! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app47 %all n apply ) respect to ! ,commission4 #hjg4 ,inclusion ( additional articles1 supply *a9s1 & s]vices 9 def9ition ( national critical capabilities 7a7 ,proposal by ,committee ,n lat] ?an #fj days aft] receiv+ ! recomm5dations ( ! ,commission "u section #hjf7;c77#a77;,b71 ! ,committee %all submit to ,congress a li/ ( additional articles1 supply *a9s1 & s]vices ! ,committee proposes = inclusion 9 ! def9ition ( national critical capabilities "u section #hja7;a77#h74 7b7 ,effectiv5ess ( proposal ,! proposal ( ! ,committee "u subsection 7a7 ) respect to additional articles1 supply *a9s1 & s]vices to include 9 ! def9ition ( national critical capabilities "u section #hja7;a77#h7 %all take effect on ! date t is #de days aft] ! ,committee submits ! proposal to ,congress unless !re is enact$ into law a jo9t resolution disapprov+ ! proposal be=e t date4 #hjh4 ,report+ requirem5ts 7a7 ,annual report to ,congress 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj1 & annually !reaft]1 ! ,committee %all submit to ! ,commission & ! appropriate congressional committees a report-- 7,a7 on ! det]m9ation "u section #hje7;b7 ) respect to s5sitivities & national security risks = s\rc+ ( articles describ$ 9 section #hja7;a77#h77;,b77i72 7,b7 describ+1 = ! ye> prec$+ submission ( ! report-- 7i7 ! notifications receiv$ "u subsection 7a7 ( section #hjc & reviews conduct$ pursuant to su* notifications2 7ii7 reviews initiat$ "u p>agraph 7#b7 or 7#c7 ( subsection 7b7 ( t section2 7iii7 actions recomm5d$ by ! ,committee "u subsection 7b77#a77;,b7 ( t section z a result ( su* reviews2 & 7iv7 reviews dur+ :i* ! ,committee det]m9$ no action 0 requir$2 & 7,c7 assess+ ! ov]all impact ( su* reviews on national critical capabilities4 7#b7 ,=m ( report ,! report requir$ by p>agraph 7#a7 %all be submitt$ 9 unclassifi$ =m b may include a classifi$ annex4 7b7 ,use ( title ,,iii au?orities ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj1 ! ,committee %all submit to ,congress a report t includes recomm5dations relat+ to use ! au?orities "u title ,,iii to make inve/m5ts to enhance national critical capabilities & r$uce dep5d5cy on mat]ials & s]vices import$ f =eign c\ntries4 #hji4 ,requirem5ts relat$ to gov]nm5t procurem5t 7a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj1 ! ,f$]al ,acquisition ,regulation %all be revis$ to require ea* p]son t is a prospective contractor = an executive ag5cy to disclose-- 7#a7 ! supply *a9s ! p]son w\ld use to c>ry out ! contract & ! ext5t to :i* ! p]son w\ld dep5d on mat]ials & s]vices import$ f =eign c\ntries1 includ+ ! p]c5tage ( su* mat]ials & s]vices import$ f c\ntries ( conc]n2 & 7#b7 a good fai? e/imate ( ! effect ( ! contract on employm5t by ! p]son 9 ! ,unit$ ,/ates4 7b7 ,mat]iality ,! head ( an executive ag5cy %all consid] ! failure ( a p]son to make ! disclosures requir$ by subsection 7a7 to be mat]ial det]m9ants 9 aw>d+ a contract to t p]son4 7c7 ,applicability ,! revisions to ! ,f$]al ,acquisition ,regulation requir$ "u subsection 7a7 %all apply ) respect to contracts = :i* solicitations are issu$ on or aft] ! date t is #ij days aft] ! date ( ! enactm5t ( ! ,national ,critical ,capabilities ,def5se ,act ( #bjbj4 7d7 ,def9itions ,9 ?is section3 7#a7 ,executive ag5cy ,! t]m executive ag5cy has ! mean+ giv5 t t]m 9 section #acc ( title #da1 ,unit$ ,/ates ,code4 7#b7 ,f$]al ,acquisition ,regulation ,! t]m ,f$]al ,acquisition ,regulation means ! regulation issu$ pursuant to section #acjc7;a77#a7 ( title #da1 ,unit$ ,/ates ,code4 4 #c4 ,use ( au?orities "u title ,,vii ( ! ,def5se ,production ,act ( #aiej = production & di/ribution ( a ,,s>s-,co,v-#b vacc9e ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all1 pursuant to section #gjh7;c7 ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #deeh7;c771 conduct consultations ) repres5tatives ( indu/ry to provide = ! mak+ ( volunt>y agreem5ts & plans ( action to coord9ate ! production & di/ribution ( a vacc9e = ! ,,s>s-,co,v-#b virus4 #d4 ,executive ,director ( ,def5se ,production ,act ,committee ,section #gbb7;c7 ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defg7;c77 is am5d$ to read z foll[s3 7c7 ,executive ,director 7#a7 ,9 g5]al ,! ,presid5t %all appo9t an ,executive ,director ( ! ,committee 79 ?is subsection ref]r$ to z ! ,executive ,director71 :o %all-- 7,a7 be responsible to ! ,*airp]son ( ! ,committee2 & 7,b7 c>ry out su* activities relat+ to ! ,committee z ! ,*airp]son may assign4 7#b7 ,comp5sation ,= pay p]iods beg9n+ on or aft] ! date on :i* ea* ,*airp]son is appo9t$1 funds = ! pay ( ! ,executive ,director %all be paid f am\nts appropriat$ = ! sal>ies & exp5ses acc\nt ( ! ag5cy ( ! ,*airp]son ( ! ,committee4 ,! ,executive ,director %all be comp5sat$ at a rate ( pay equival5t to t ( a ,deputy ,assi/ant ,secret>y 7or a comp>able position7 ( ! ag5cy ( ! ,*airp]son4 4 #e4 ,report+ by entities receiv+ f9ancial assi/ance relat+ to ,,covid-#ai response ef=ts 7a7 ,9 g5]al ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & #e ye>s aft] su* date ( enactm5t1 any entity t receives m ?an #ej1jjj1jjj 9 direct or indirect f9ancial assi/ance f ! ,f$]al ,gov]nm5t relat$ to ! response to ! coronavirus disease #bjai 7commonly ref]r$ to z ,,covid-#ai71 includ+ su* assi/ance provid$ "u1 or treat$ z provid$ "u1 ! ,int]nal ,rev5ue ,code ( #aihf1 or provid$ "u title ,,iii ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #deca et seq471 %all submit to ! appropriate congressional committees a report t discloses-- 7#a7 7,a7 ! value ( prop]ty1 plant1 & equipm5t inve/m5ts ( ! entity 9 ! ,unit$ ,/ates2 7,b7 ! numb] ( individuals employ$ by ! entity 9 ! ,unit$ ,/ates2 & 7,c7 ! production & capacity production capacity ( ! entity 9 ! ,unit$ ,/ates2 & 7#b7 7,a7 ! value ( prop]ty1 plant1 & equipm5t inve/m5ts ( ! entity 9 =eign c\ntries2 7,b7 ! numb] ( individuals employ$ by ! entity 9 =eign c\ntries2 & 7,c7 ! production & capacity production capacity ( ! entity 9 =eign c\ntries4 7b7 ,p5alties & ,f$]al assi/ance clawback 7#a7 ,9 g5]al ,an entity describ$ 9 subsection 7a7 %all pay a p5alty to ! ,unit$ ,/ates 9 an am\nt ! ,secret>y ( ! ,treasury det]m9es is equival5t to ! am\nt1 if any1 by :i* inve/m5ts ( ! entity describ$ 9 subsection 7a77#b77;,a7 exce$ ! am\nt ( inve/m5ts ( ! entity describ$ 9 subsection 7a77#a77;,a74 7#b7 ,limitation ,! am\nt ( a p5alty impos$ "u p>agraph 7#a7 on an entity may n exce$ #e times ! am\nt ( direct or indirect f9ancial assi/ance describ$ 9 subsection 7a7 receiv$ by ! entity f ! ,f$]al ,gov]nm5t4 7c7 ,appropriate congressional committees def9$ ,9 ?is section1 ! t]m appropriate congressional committees means 7#a7 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs1 ! ,committee on ,f9ance1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 & ! ,committee on ,appropriations1 & ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate2 & 7#b7 ! ,committee on ,homel& ,security1 ! ,committee on ,ways & ,means1 ! ,committee on ,f9ancial ,s]vices1 ! ,committee on ,appropriations1 & ! ,committee on ,education & ,labor ( ! ,h\se ( ,repres5tatives4