,i #aah? ,,congress #a/ ,session ,h4 ,r4 #cacf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #i1 #bjbc,ms4 ,de,lauro 7= h]self1 ,mr4 ,pascrell1 & ,mr4 ,fitzpatrick7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to require notification & review ( ,unit$ ,/ates inve/m5t 9 =eign c\ntries t may ?reat5 ! national security ( ! ,unit$ ,/ates1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,critical ,capabilities ,def5se ,act ( #bjbc4 #b4 ,protection ( national critical capabilities ,! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baja et seq47 is am5d$ by add+ at ! end ! foll[+3 ,x ,protection ( ,national ,critical ,capabilities #ajja4 ,def9itions ,9 ?is title3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,f9ance1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 ! ,select ,committee on ,intellig5ce1 & ! ,committee on ,=eign ,relations ( ! ,s5ate2 & 7,b7 ! ,committee on ,ways & ,means1 ! ,committee on ,f9ancial ,s]vices1 ! ,p]man5t ,select ,committee on ,intellig5ce1 & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives4 7#b7 ,c\ntry ( conc]n ,! t]m c\ntry ( conc]n means1 subject to su* regulations z may be prescrib$ 9 accordance ) section #ajjh1 any c\ntry ! gov]nm5t ( :i* is engag$ 9 a long-t]m patt]n or s]i\s in/ances ( conduct significantly adv]se to ! national security ( ! ,unit$ ,/ates or ! security & safety ( ,unit$ ,/ates p]sons1 su* z ! ,p's ,republic ( ,*9a1 ! ,russian ,f$]ation1 ,iran1 ,nor? ,korea1 ,cuba1 & ! regime ( ,nicols ,maduro 9 ,v5ezuela4 7#c7 ,cov]$ activity 7,a7 ,9 g5]al ,subject to su* regulations z may be prescrib$ 9 accordance ) section #ajjh1 & except z provid$ 9 subp>agraph 7,b71 ! t]m cov]$ activity means any activity engag$ 9 by a ,unit$ ,/ates p]son 9 a national critical capabilities sector t involves-- 7i7 an acquisition ( an equity int]e/ or cont+5t equity int]e/1 or monet>y capital contribution1 9 a cov]$ =eign entity1 directly or indirectly1 by contractual commitm5t or o!rwise1 ) ! goal ( g5]at+ income or ga92 7ii7 an arrangem5t = an int]e/ 9 ! %ort- or long-t]m debt obligations ( a cov]$ =eign entity t includes gov]nm5t rights t are *>act]i/ic ( an equity inve/m5t1 managem5t1 or o!r important rights2 7iii7 ! e/abli%m5t ( a :olly own$ subsidi>y 9 a c\ntry ( conc]n1 su* z a gre5field inve/m5t1 = ! purpose ( production1 design1 te/+1 manufactur+1 fabrication1 developm5t1 or rese>* relat$ to "o or m national critical capabilities sectors2 7iv7 ! e/abli%m5t ( a jo9t v5ture 9 a c\ntry ( conc]n or ) a cov]$ =eign entity = ! purpose ( production1 design1 te/+1 manufactur+1 fabrication1 developm5t1 or rese>* involv+ "o or m national critical capabilities sectors1 or o!r contractual or o!r commitm5ts involv+ a cov]$ =eign entity to jo9tly rese>* & develop new innovation1 includ+ ?r\gh ! transf] ( capital or intellectual prop]ty or o!r bus9ess propriet>y in=mation2 7v7 ! acquisition by a ,unit$ ,/ates p]son ) a cov]$ =eign entity (-- 7,i7 op]ational coop]ation1 su* z ?r\gh supply or support arrangem5ts2 7,,ii7 ! "r to bo>d repres5tation 7z an obs]v]1 ev5 if limit$1 or z a memb]7 or an executive role 7z may be def9$ ?r\gh regulation7 9 a cov]$ =eign entity2 7,,iii7 ! ability to direct or influ5ce su* op]ational decisions z may be def9$ ?r\gh su* regulations2 7,,iv7 =mal gov]nance repres5tation 9 any op]at+ affiliate1 l a portfolio company1 ( a cov]$ =eign entity2 or 7,v7 a new relation%ip to %>e or provide bus9ess s]vices1 su* z b n limit$ to f9ancial s]vices1 m>ket+ s]vices1 ma9t5ance1 or assembly functions1 relat$ to a national critical capabilities sector2 7vi7 any activity by a recipi5t or b5efici>y ( f9ancial assi/ance1 includ+ grants1 tax inc5tives1 or o!r types ( fund+1 ) respect to a cov]$ =eign entity or a c\ntry ( conc]n2 7vii7 any activity ) respect to a cov]$ =eign entity or a c\ntry ( conc]n by an entity t b5efits f annual procurem5t ( m ?an an am\nt to be det]m9$ 9 regulations prescrib$ 9 accordance ) section #ajjh 9 goods or s]vices by a ,unit$ ,/ates national security ag5cy2 or 7viii7 except z provid$ 9 subp>agraph 7,b71 any o!r transaction involv+ a c\ntry ( conc]n or ) a cov]$ =eign entity def9$ 9 regulations prescrib$ 9 accordance ) section #ajjh4 7,b7 ,exceptions ,! t]m cov]$ activity does n include-- 7i7 any transaction ! value ( :i* ! ,committee det]m9es is de m9imis2 7ii7 any category ( transactions t ! ,committee det]m9es is 9 ! national int]e/ ( ! ,unit$ ,/ates1 z may be def9$ 9 regulations prescrib$ 9 accordance ) section #ajjh2 or 7iii7 any ord9>y bus9ess transaction z may be def9$ 9 su* regulations4 7#d7 ,cov]$ =eign entity 7,a7 ,9 g5]al ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 & except z provid$ 9 subp>agraph 7,b71 ! t]m cov]$ =eign entity means-- 7i7 any entity t is incorporat$ 91 has a pr9cipal place ( bus9ess 91 or is organiz$ "u ! laws ( a c\ntry ( conc]n2 7ii7 any entity ! equity securities ( :i* are prim>ily trad$ on "o or m ex*anges 9 a c\ntry ( conc]n2 7iii7 any entity 9 :i* any cov]$ =eign entity holds1 individually or 9 ! aggregate1 directly or indirectly1 an own]%ip int]e/ ( great] ?an #ej p]c5t2 or 7iv7 any o!r entity t is n a ,unit$ ,/ates p]son & t meets su* crit]ia z may be specifi$ by ! ,committee 9 su* regulations4 7,b7 ,exception ,! t]m cov]$ =eign entity does n include any entity describ$ 9 subp>agraph 7,a7 t c demon/rate t a majority ( ! equity int]e/ 9 ! entity is ultimately own$ by-- 7i7 nationals ( ! ,unit$ ,/ates2 or 7ii7 nationals ( su* c\ntries 7o!r ?an c\ntries ( conc]n7 z are id5tifi$ = purposes ( ?is subp>agraph pursuant to regulations prescrib$ 9 accordance ) section #ajjh4 7#e7 ,national critical capabilities sector ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 ! t]m national critical capabilities sector includes sectors )9 ! foll[+ areas1 z specifi$ 9 su* regulations3 7,a7 ,semiconductor manufactur+ & advanc$ packag+4 7,b7 ,l>ge-capacity batt]ies4 7,c7 ,critical m9]als & mat]ials4 7,d7 ,artificial intellig5ce4 7,e7 ,quantum in=mation sci5ce & te*nology4 7,f7 ,active ph>maceutical +r$i5ts4 7,g7 ,automobile manufactur+4 7,h7 ,any o!r sector z may be-- 7i7 det]m9$ by ! ,presid5t to be a national critical capabilities sector bas$ on ! significance ( ! sector to ! national security ( ! ,unit$ ,/ates2 & 7ii7 includ$ 9 su* def9ition by ! ,presid5t ?r\gh su* regulations4 7#f7 ,p>ty ,! t]m p>ty1 ) respect to an activity1 has ! mean+ giv5 t t]m 9 regulations prescrib$ 9 accordance ) section #ajjh4 7#g7 ,unit$ ,/ates ,! t]m ,unit$ ,/ates means ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 & any t]ritory or possession ( ! ,unit$ ,/ates4 7#h7 ,unit$ ,/ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 an individual :o is a citiz5 or national ( ! ,unit$ ,/ates or an ali5 lawfully admitt$ = p]man5t resid5ce 9 ! ,unit$ ,/ates2 & 7,b7 any corporation1 p>tn]%ip1 or o!r entity organiz$ "u ! laws ( ! ,unit$ ,/ates or ! laws ( any jurisdiction )9 ! ,unit$ ,/ates4 #ajjb4 ,adm9i/ration ( ,unit$ ,/ates inve/m5t notification1 review1 & prohibition au?ority 7a7 ,e/abli%m5t ( ,committee on ,national ,critical ,capabilities 7#a7 ,9 g5]al ,! ,presid5t %all e/abli% an int]ag5cy committee to adm9i/] ?is title1 to be kn[n z ! ,committee on ,national ,critical ,capabilities 79 ?is title ref]r$ to z ! ,committee74 7#b7 ,delegation ,! ,presid5t may delegate ! requirem5t "u p>agraph 7#a71 & all or any portion ( ! au?orities & functions "u ?is title1 to ! head ( an ,executive dep>tm5t 7z def9$ 9 section #aja ( title #e1 ,unit$ ,/ates ,code74 7b7 ,memb]%ip ,! foll[+ ag5cies %all be repres5t$ on ! ,committee3 7#a7 ,! ,(fice ( ! ,unit$ ,/ates ,trade ,repres5tative4 7#b7 ,! ,dep>tm5t ( ,comm]ce4 7#c7 ,! ,dep>tm5t ( ,/ate4 7#d7 ,! ,dep>tm5t ( ! ,treasury4 7#e7 ,! ,dep>tm5t ( ,homel& ,security4 7#f7 ,! ,dep>tm5t ( ,def5se4 7#g7 ,! ,(fice ( ,sci5ce & ,te*nology ,policy4 7#h7 ,! ,dep>tm5t ( ,ju/ice4 7#i7 ,! ,dep>tm5t ( ,en]gy4 7#aj7 ,! ,dep>tm5t ( ,heal? & ,human ,s]vices4 7#aa7 ,! ,dep>tm5t ( ,agriculture4 7#ab7 ,! ,dep>tm5t ( ,labor4 7#ac7 ,! ,(fice ( ! ,director ( ,national ,intellig5ce4 7#ad7 ,any o!r ,f$]al ag5cy ! ,presid5t det]m9es appropriate1 g5]ally1 or on a case-by-case basis4 7c7 ,designation z vot+ memb]s ,! heads ( ! ag5cies specifi$ 9 subsection 7b7 %all be vot+ memb]s ( ! ,committee4 7d7 ,*airp]son ,! head ( ! ,executive dep>tm5t to :i* ! ,presid5t delegates au?ority "u subsection 7a7 %all s]ve z ! *airp]son ( ! ,committee4 7e7 ,consultations ,9 c>ry+ out ! duties ( ! *airp]son ( ! ,committee1 ! *airp]son %all consult ) ! ,unit$ ,/ates ,trade ,repres5tative1 ! ,secret>y ( ,def5se1 ! ,secret>y ( ,comm]ce1 ! ,secret>y ( ,/ate1 & ! ,secret>y ( ! ,treasury4 #ajjc4 ,m&atory notification ( cov]$ activities2 review & actions to mitigate risk 7a7 ,m&atory notification 7#a7 ,9 g5]al ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 beg9n+ on ! date t is #ij days aft] su* regulations take effect1 a ,unit$ ,/ates p]son t plans to engage 9 a cov]$ activity %all submit to ! ,committee a complete writt5 notification ( ! activity n lat] ?an #ij days be=e ! anticipat$ initiation date ( ! activity4 7#b7 ,circulation ( notification 7,a7 ,9 g5]al ,! ,committee %all1 ^u receipt ( a notification "u p>agraph 7#a71 promptly inspect ! notification = complet5ess1 &1 if complete1 imm$iately circulate ! notification to ea* ag5cy specifi$ 9 section #ajjb7;b74 7,b7 ,incomplete notifications ,if a notification submitt$ "u p>agraph 7#a7 is incomplete1 ! ,committee %all 1 unilat]ally or at reque/ ( any memb] ( ! ,committee1 promptly in=m ! ,unit$ ,/ates p]son t submits ! notification t ! notification is n complete & provide an explanation ( relevant mat]ial respects 9 :i* ! notification is n complete4 7,c7 ,ref]ral to attorney g5]al ,if ! ,committee has reason to believe t a cov]$ activity t is ! subject ( a notification submitt$ "u p>agraph 7#a7 may be prohibit$ "u ?is title or regulations prescrib$ 9 accordance ) section #ajjh1 ! ,presid5t may ref] ! notification to ! ,attorney ,g5]al = su* action z ! ,attorney ,g5]al may det]m9e to be prop]4 7b7 ,review 7#a7 ,9 g5]al ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 ! ,committee may1 beg9n+ on ! date t is #ahj days aft] ! date on :i* su* regulations take effect1 review a cov]$ activity t is ! subject ( a notification "u subsection 7a7 to det]m9e if ! activity poses a risk to ! national security ( ! ,unit$ ,/ates1 includ+ by consid]+ factors specifi$ 9 section #ajjd4 7#b7 ,notice ( review ,n lat] ?an #de days aft] receipt ( a complete notification "u subsection 7a71 ! ,committee %all notify ! ,unit$ ,/ates p]son t submitt$ ! notification ( ! decision ( ! ,committee ) respect to :e!r to initiate a review "u p>agraph 7#a7 ( ! cov]$ activity t is ! subject ( ! notification4 7#c7 ,initiation ( unilat]al review ,! ,committee may initiate a unilat]al review "u p>agraph 7#a7 ( a cov]$ activity = :i* notification is n submitt$ "u subsection 7a74 7c7 ,mitigation 7#a7 ,9 g5]al ,if ! ,committee has reason to believe t a cov]$ activity t is ! subject ( a notification "u subsection 7a7 or ) respect to :i* ! ,committee initiates a unilat]al review "u subsection 7b77#c7 poses a risk to ! national security ( ! ,unit$ ,/ates1 ! ,committee may negotiate1 ent] into or impose1 & en=ce any agreem5t or condition ) any p>ty to ! cov]$ activity 9 ord] to mitigate any risk to ! national security ( ! ,unit$ ,/ates t arises z a result ( ! cov]$ activity4 7#b7 ,ab&onm5t ( activities ,if a p>ty to a cov]$ activity has volunt>ily *os5 to ab&on ! activity1 ! ,committee may negotiate1 ent] into or impose1 & en=ce any agreem5t or condition ) any p>ty to ! cov]$ activity = purposes ( effectuat+ su* ab&onm5t & mitigat+ any risk to ! national security ( ! ,unit$ ,/ates t arises z a result ( ! cov]$ activity4 7#c7 ,agreem5ts & conditions relat+ to complet$ activities ,:ile ! ,committee is conduct+ a review ( a cov]$ activity "u subsection 7b71 ! ,committee may negotiate1 ent] into or impose1 & en=ce any agreem5t or condition ) any p>ty to ! cov]$ activity 9 ord] to mitigate any int]im risk to ! national security ( ! ,unit$ ,/ates t may arise z a result ( ! cov]$ activity until su* "t t ! ,committee has complet$ action ) respect to ! cov]$ activity "u ?is title4 7#d7 ,treatm5t ( outdat$ agreem5ts or conditions ,! ,committee %all p]iodically review ! appropriat5ess ( an agreem5t or condition impos$ "u p>agraph 7#a71 7#b71 or 7#c7 9 mitigat+ ! risk id5tifi$ "u subsection 7b77#a7 & t]m9ate1 phase out1 or o!rwise am5d ! agreem5t or condition if a risk no long] requires mitigation ?r\gh ! agreem5t or condition4 7#e7 ,jurisdiction ,! provisions ( section #gjf7;b7 %all apply to any mitigation agreem5t ent]$ into or condition impos$ "u p>agraph 7#a71 7#b71 or 7#c74 7d7 ,unilat]al action by ! ,committee ,to mitigate risk pos$ by a cov]$ activity 7#a7 ,9 g5]al ,subject to p>agraphs 7#b7 & 7#d71 ! ,committee may take su* action = su* "t z ! ,committee consid]s appropriate to address any risk to ! national security ( ! ,unit$ ,/ates pos$ by a cov]$ activity t is ! subject ( a notification "u subsection 7a7 or ) respect to :i* ! ,committee initiates a unilat]al review "u subsection 7b77#c71 includ+-- 7,a7 approv+ ! cov]$ activity subject to a mitigation agreem5t ent]$ into or conditions impos$ "u subsection 7c72 or 7,b7 if ! ,committee attempts to mitigate ! risk "u subsection 7c7 & det]m9es t mitigation is inadequate to protect ! national security ( ! ,unit$ ,/ates1 prohibit+ ! cov]$ activity4 7#b7 ,seek+ alt]native en=cem5t ,! ,committee %all consid] o!r exi/+ measures to address any risk describ$ 9 p>agraph 7#a7 be=e tak+ any action "u ?is subsection ) respect to ! cov]$ activity4 7#c7 ,ann\ncem5t by ,committee ,n lat] ?an #ij days aft] ! date on :i* ! ,committee initiates a review "u subsection 7b71 ! ,committee %all ann\nce ! decision ( ! ,committee ) respect to :e!r ! ,committee plans to take action pursuant to p>agraph 7#a74 7#d7 ,f9d+s by ,committee ,! ,committee may ex]cise ! au?ority "u p>agraph 7#a7 ) respect to a cov]$ activity only if ! ,committee f9ds t-- 7,a7 !re is cr$ible evid5ce t leads ! ,committee to believe t ! cov]$ activity poses a risk to ! national security ( ! ,unit$ ,/ates2 & 7,b7 provisions ( law 7o!r ?an ?is subsection & ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq477 d n1 9 ! judgm5t ( ! ,committee provide adequate & appropriate au?ority = ! ,committee to protect ! national security ) respect to ! cov]$ activity4 7#e7 ,factors to be consid]$ ,= purposes ( det]m9+ :e!r to take action "u p>agraph 7#a71 ! ,committee %all consid]1 among o!r factors1 ea* ( ! factors describ$ 9 section #ajjd1 z appropriate4 7#f7 ,public disclosure ,! ,committee %all publi% 9 ! ,f$]al ,regi/] a notice ( ea* ex]cise ( ! au?ority "u p>agraph 7#a74 7e7 ,au?ority ,to prohibit & regulate cov]$ activities 7#a7 ,au?ority 7,a7 ,9 g5]al ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 & except z provid$ by p>agraph 7#b71 ! ,committee may1 on or aft] ! date ( ! enactm5t ( ?is title1 prohibit or regulate any cov]$ activity or category ( cov]$ activities by any p]son1 or ) respect to any prop]ty1 subject to ! jurisdiction ( ! ,unit$ ,/ates4 7,b7 ,crit]ia ,9 ex]cis+ ! au?ority "u subp>agraph 7,a7 ) respect to a cov]$ activity or category ( cov]$ activities1 ! ,presid5t may use-- 7i7 crit]ia bas$ on-- 7,i7 ! nature ( ! cov]$ activity or category ( cov]$ activities2 7,,ii7 ! nature ( ! cov]$ =eign entity involv$ 9 ! cov]$ activity or category ( cov]$ activities1 includ+ ! c\ntry ( conc]n associat$ ) ! cov]$ =eign entity2 or 7,,iii7 ! nature ( ! national critical capabilities sector involv$ 9 ! cov]$ activity or category ( cov]$ activities2 or 7ii7 su* o!r crit]ia z ! ,committee det]m9es may result 9 a cov]$ activity or category ( cov]$ activities pos+ a risk to ! national security ( ! ,unit$ ,/ates4 7#b7 ,exceptions ,! ,committee1 pursuant to regulations prescrib$ 9 accordance ) section #ajjh-- 7,a7 may n prohibit "u p>agraph 7#a7 a cov]$ activity or category ( cov]$ activities = ! conduct ( ! (ficial bus9ess ( ! ,f$]al ,gov]nm5t1 ! ,unit$ ,nations1 or int]national f9ancial in/itutions or multilat]al developm5t banks 7includ+ _! specializ$ ag5cies1 programs1 funds1 & relat$ organizations71 or by employees1 grantees1 or contractors !re(2 & 7,b7 may au?orize ord]s1 directives1 or lic5ses to p]mit a cov]$ activity o!rwise prohibit$ "u p>agraph 7#a71 z ! ,committee det]m9es appropriate4 7f7 ,confid5tiality ( in=mation 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 any in=mation or docum5t>y mat]ial & any in=mation or mat]ials d]iv$ f su* in=mation or docum5t>y mat]ials fil$ ) ! ,committee pursuant to ?is section %all be exempt f disclosure "u section #eeb ( title #e1 ,unit$ ,/ates ,code1 & no su* in=mation or docum5t>y mat]ial may be made public4 7#b7 ,exceptions ,! exemption f disclosure provid$ by p>agraph 7#a7 %all n prev5t ! disclosure ( ! foll[+3 7,a7 ,in=mation relevant to any adm9i/rative or judicial action or proce$+4 7,b7 ,in=mation to ,congress or any duly au?oriz$ committee or subcommittee ( ,congress4 7,c7 ,in=mation important to ! national security analysis or actions ( ! ,presid5t to any dome/ic gov]nm5tal entity1 or to any =eign gov]nm5tal entity ( an ally or p>tn] ( ! ,unit$ ,/ates1 "u ! exclusive direction & au?orization ( ! ,presid5t1 only to ! ext5t necess>y = national security purposes1 & subject to appropriate confid5tiality & classification requirem5ts4 7,d7 ,in=mation t ! p>ties h cons5t$ to be disclos$ to ?ird p>ties4 7g7 ,recordkeep+ ,9 tak+ action "u ?is section ) respect to a cov]$ activity1 ! ,committee may require any p]son-- 7#a7 to keep a full record (1 & to furni% "u oa?1 9 ! =m ( reports or o!rwise1 complete in=mation relative to ! cov]$ activity be=e1 dur+1 or aft] ! completion ( ! cov]$ activity1 or z may be o!rwise necess>y to en=ce ! provisions ( ?is title2 & 7#b7 to produce any books ( acc\nt1 records1 contracts1 lett]s1 memor&a1 or o!r pap]s relative to ! cov]$ activity 9 ! cu/ody or control ( ! p]son4 #ajjd4 ,factors to be consid]$ ,! ,committee1 9 review+ & mak+ a det]m9ation ) respect to a cov]$ activity "u section #ajjc1 %all consid] any factors relat+ to ! national security ( ! ,unit$ ,/ates t ! ,committee consid]s relevant1 :i* may include-- 7#a7 ! economic1 intellig5ce1 milit>y1 heal?1 or agricultural int]e/s ( ! ,unit$ ,/ates2 7#b7 ! hi/ory ( di/ortive or pr$atory trade-relat$ practices 9 ea* c\ntry 9 :i* a cov]$ activity occurs2 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-ib2 #aj ,u4,s4,c4 #dhai note77 ( ea* cov]$ =eign entity t is a p>ty to ! cov]$ activity2 7#d7 ! impact on ! dome/ic indu/ry & result+ resili5cy1 includ+ ! dome/ic human capital & supply *a9s1 tak+ into consid]ation any patt]n ( =eign inve/m5t 9 ! dome/ic indu/ry2 7#e7 :e!r ! cov]$ activity c\ld1 directly or indirectly1 support1 enhance1 or enable ! capabilities ( a c\ntry ( conc]n or a cov]$ =eign entity2 & 7#f7 any additional national security factors id5tifi$ 9 regulations prescrib$ 9 accordance ) section #ajjh4 #ajje4 ,supply *a9 s5sitivities ,! ,committee %all det]m9e ! s5sitivities & risks = s\rc+ ( goods1 mat]ials1 & te*nologies ne$$ = national critical capabilities sectors 9 ! ,unit$ ,/ates1 9 accordance ) ! foll[+3 7#a7 ,! s\rc+ ( lea/ conc]n %all be = goods1 mat]ials1 & te*nologies s\rc$1 & supply *a9s h\s$1 9 :ole )9 c\ntries t are allies ( ! ,unit$ ,/ates4 7#b7 ,! s\rc+ ( great] conc]n %all be = goods1 mat]ials1 & te*nologies s\rc$1 & supply *a9s h\s$ 9 "p )9 c\ntries ( conc]n or f a cov]$ =eign entity b = :i* sub/itute production is available f else:]e at requir$ scale to meet ! ne$s ( ! ,unit$ ,/ates1 includ+ 9 t]ms ( surge capacity4 7#c7 ,! s\rc+ ( greate/ conc]n %all be = goods1 mat]ials1 & te*nologies s\rc$1 & supply *a9s h\s$1 :olly or 9 "p1 9 c\ntries ( conc]n or f a cov]$ =eign entity & = :i* sub/itute production is unavailable else:]e at requir$ scale4 #ajjf4 ,report+ requirem5ts 7a7 ,9 g5]al ,n lat] ?an #cfj days aft] ! date on :i* ! regulations prescrib$ "u section #ajjh take effect1 & n less frequ5tly ?an e #ij days !reaft]1 ! ,committee %all submit to ! appropriate congressional committees a report-- 7#a7 on ! det]m9ation "u section #ajje ) respect to s5sitivities & risks = s\rc+ ( goods1 mat]ials1 & te*nologies describ$ 9 t section2 7#b7 provid+1 = ! ye> prec$+ submission ( ! report-- 7,a7 a summ>y ( ! notifications receiv$ "u subsection 7a7 ( section #ajjc & reviews conduct$ pursuant to su* notifications2 7,b7 a summ>y ( reviews initiat$ "u p>agraph 7#a7 or 7#c7 ( subsection 7b7 ( t section2 7,c7 a description ( reviews dur+ :i* ! ,committee det]m9$ no action 0 requir$2 & 7,d7 a summ>y (-- 7i7 mitigation agreem5ts ent]$ into & conditions impos$ "u subsection 7c7 ( t section2 & 7ii7 o!r exi/+1 relevant mitigation measures t c\ld be us$ to mitigate ! risk2 & 7#c7 assess+ ! ov]all impact ( su* reviews on national critical capabilities sectors1 :i* may include recomm5dations on-- 7,a7 expansion ( ,f$]al programs to support or protect ! production or supply ( national critical capabilities sectors 9 ! ,unit$ ,/ates1 includ+ ! pot5tial ( exi/+ legal au?orities to address any relat$ national security conc]ns2 7,b7 inve/m5ts to enhance national critical capabilities sectors & r$uce dep5d5cy on c\ntries ( conc]n2 & 7,c7 ! cont9uation1 expansion1 or modification ( ! ,committee4 7b7 ,report on sectors ,n less frequ5tly ?an annually1 ! ,committee %all submit to ! appropriate congressional committees a report describ+-- 7#a7 ! sectors det]m9$ by ! ,presid5t to be national critical capabilities sectors "u section #ajja7e77;,h72 & 7#b7 ! reasons :y ea* su* sector 0 det]m9$ to be a national critical capabilities sector4 7c7 ,=m ( report ,ea* report requir$ by ?is section %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex4 #ajjg4 ,p5alties & en=cem5t 7a7 ,p5alties 7#a7 ,unlawful acts ,subject to regulations prescrib$ 9 accordance ) section #ajjh1 x %all be unlawful-- 7,a7 to engage 9 a cov]$ activity prohibit$ "u ?is title or pursuant to su* regulations2 7,b7 to fail to submit a notification "u subsection 7a7 ( section #ajjc ) respect to a cov]$ activity or to submit o!r in=mation z requir$ by ! ,committee2 7,c7 to make a mat]ial mis/atem5t or to omit a mat]ial fact 9 any in=mation submitt$ to ! ,committee "u ?is title2 7,d7 to brea* or violate a mitigation agreem5t ent]$ into or condition impos$ "u subsection 7c7 ( t section2 or 7,e7 to engage 9 any activity t evades or avoids1 has ! purpose ( evad+ or avoid+1 causes a violation (1 or attempts to violate a prohibition "u ?is title or pursuant to su* regulations4 7#b7 ,civil p5alties ,a civil p5alty may be impos$ on any p]son :o commits an unlawful act describ$ 9 p>agraph 7#a7 9 an am\nt n to exce$ ! great] (-- 7,a7 #bej1jjj2 or 7,b7 an am\nt t is twice ! am\nt ( ! cov]$ activity t is ! basis ( ! violation ) respect to :i* ! p5alty is impos$4 7b7 ,en=cem5t ,! ,presid5t may direct ! ,attorney ,g5]al to seek appropriate relief1 includ+ dive/m5t relief1 9 ! di/rict c\rts ( ! ,unit$ ,/ates1 9 ord] to implem5t & en=ce ?is title4 #ajjh4 ,requirem5t = regulations 7a7 ,9 g5]al ,n lat] ?an #cfj days aft] ! date ( ! enactm5t ( ?is title1 ! ,committee %all f9alize regulations to c>ry out ?is title4 7b7 ,elem5ts ,regulations prescrib$ to c>ry out ?is title %all include specific examples ( ! types (-- 7#a7 activities t w be consid]$ to be cov]$ activities2 & 7#b7 ! specific sectors & subsectors t may be consid]$ to be national critical capabilities sectors1 at ! discretion ( ! ,committee4 7c7 ,requirem5ts = c]ta9 regulations 7#a7 ,9 g5]al ,! ,committee %all prescribe regulations fur!r def9+ ! t]ms us$ 9 ?is title1 includ+ cov]$ activity1 cov]$ =eign entity1 & p>ty1 9 accordance ) sub*apt] ,,ii ( *apt] #e & *apt] #g ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,adm9i/rative ,proc$ure ,act74 7#b7 ,modifications to c\ntries ( conc]n ,! ,committee %all prescribe regulations ) respect to modify+ ! def9ition ( ! t]m c\ntry ( conc]n4 ,su* regulations %all e/abli% a process = remov+ f ! def9ition ( t t]m a c\ntry t no long] meets ! crit]ia "u section #ajja7b74 7d7 ,public p>ticipation 9 rulemak+ ,! provisions ( section #gji %all apply to any regulations issu$ "u ?is title4 #ajji4 ,judicial review 7a7 ,9 g5]al ,except z provid$ 9 ?is section1 & not)/&+ any o!r provision ( law1 an action tak5 "u ?is title1 or any action tak5 by an ,executive dep>tm5t 7z def9$ 9 section #aja ( title #e1 ,unit$ ,/ates ,code7 to implem5t su* an action1 %all n be subject to adm9i/rative review or judicial review1 includ+ bid prote/s be=e ! ,gov]nm5t ,acc\ntability ,(fice or 9 any ,f$]al c\rt4 7b7 ,civil actions ,a civil action *all5g+ an action or f9d+ "u ?is title may be br\ght only 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit4 ,n lat] ?an #fj days aft] a p>ty is notifi$ ( an action by ! ,committee "u ?is title1 ! p>ty may file a petition = judicial review 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia claim+ t ! action is unlawful4 7c7 ,/&>d ( review ,! c\rt %all hold an action unlawful 9 response to a petition t ! c\rt f9ds to be arbitr>y1 caprici\s1 an abuse ( discretion1 or o!rwise n 9 accordance ) law4 7d7 ,exclusive jurisdiction & rem$y ,! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit %all h exclusive jurisdiction ov] claims aris+ "u ?is title aga9/ ! ,unit$ ,/ates1 any ,unit$ ,/ates dep>tm5t or ag5cy1 or any compon5t or (ficial ( any su* dep>tm5t or ag5cy1 subject to review by ! ,supreme ,c\rt ( ! ,unit$ ,/ates "u section #abed ( title #bh1 ,unit$ ,/ates ,code4 ,a det]m9ation by ! c\rt "u ?is section %all be ! exclusive judicial rem$y = any claim describ$ 9 ?is section aga9/ ! ,unit$ ,/ates1 any ,unit$ ,/ates dep>tm5t or ag5cy1 or any compon5t or (ficial ( any su* dep>tm5t or ag5cy4 7e7 ,adm9i/rative record & proc$ures 7#a7 ,9 g5]al ,! proc$ures describ$ 9 ?is subsection %all apply to ! review ( a petition "u ?is section4 7#b7 ,adm9i/rative record 7,a7 ,fil+ ( record ,! ,unit$ ,/ates %all file ) ! c\rt an adm9i/rative record1 :i* %all consi/ ( ! in=mation t ! ,committee reli$ ^u 9 tak+ an action "u ?is title4 7,b7 ,unclassifi$1 nonprivileg$ in=mation ,all unclassifi$ in=mation conta9$ 9 ! adm9i/rative record t is n o!rwise privileg$ or subject to /atutory protections %all be provid$ to ! petition] ) appropriate protections = any privileg$ or confid5tial trade secrets & comm]cial or f9ancial in=mation4 7,c7 ,9 cam]a & ex p>te ,! foll[+ in=mation may be includ$ 9 ! adm9i/rative record & %all be submitt$ only to ! c\rt ex p>te & 9 cam]a3 7i7 ,classifi$ in=mation4 7ii7 ,s5sitive security in=mation1 z def9$ by section #aebj4e ( title #di1 ,code ( ,f$]al ,regulations 7or any successor regulation74 7iii7 ,privileg$ law en=cem5t in=mation4 7iv7 ,in=mation obta9$ or d]iv$ f any activity au?oriz$ "u ! ,=eign ,intellig5ce ,surveillance ,act ( #aigh 7#ej ,u4,s4,c4 #ahja et seq471 except t1 ) respect to su* in=mation1 subsections 7c71 7e71 7f71 7g71 & 7h7 ( section #ajf 7#ej ,u4,s4,c4 #ahjf71 subsections 7d71 7f71 7g71 7h71 & 7i7 ( section #cje 7#ej ,u4,s4,c4 #ahbe71 subsections 7c71 7e71 7f71 7g71 & 7h7 ( section #dje 7#ej ,u4,s4,c4 #ahde71 & section #gjf 7#ej ,u4,s4,c4 #ahha;e7 ( t ,act %all n apply4 7v7 ,in=mation subject to privilege or protections "u any o!r provision ( law4 7,d7 ,"u seal ,any in=mation t is "p ( ! adm9i/rative record fil$ ex p>te & 9 cam]a "u subp>agraph 7,c71 or cit$ by ! c\rt 9 any decision1 %all be treat$ by ! c\rt consi/5t ) ! provisions ( ?is p>agraph & %all rema9 "u seal & pres]v$ 9 ! records ( ! c\rt to be made available consi/5t ) ^? provisions 9 ! ev5t ( fur!r proce$+s4 ,9 no ev5t %all su* in=mation be releas$ to ! petition] or z "p ( ! public record4 7f7 ,return ,aft] ! expiration ( ! "t to seek fur!r review1 or ! conclusion ( fur!r proce$+s1 ! c\rt %all return ! adm9i/rative record1 includ+ any & all copies1 to ! ,unit$ ,/ates4 7g7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ z limit+1 sup]s$+1 or prev5t+ ! invocation (1 any privileges or def5ses t are o!rwise available at law or 9 equity to protect aga9/ ! disclosure ( in=mation4 7h7 ,def9itions ,9 ?is subsection1 ! t]m classifi$ in=mation-- 7#a7 has ! mean+ giv5 t t]m 9 section #a7;a7 ( ! ,classifi$ ,in=mation ,proc$ures ,act 7#ah ,u4,s4,c4 ,app472 & 7#b7 includes-- 7,a7 any in=mation or mat]ial t has be5 det]m9$ by ! ,unit$ ,/ates ,gov]nm5t pursuant to an ,executive ord]1 /atute1 or regulation to require protection aga9/ unau?oriz$ disclosure = reasons ( national security2 & 7,b7 any ,re/rict$ ,data1 z def9$ 9 section #aa ( ! ,atomic ,en]gy ,act ( #aied 7#db ,u4,s4,c4 #bjad74 #ajaj4 ,multilat]al engagem5t & coord9ation 7a7 ,9 g5]al ,! ,presid5t1 9 coord9ation ) ! ,unit$ ,/ates ,trade ,repres5tative1 ! ,secret>y ( ,comm]ce1 ! ,secret>y ( ,/ate1 & ! ,secret>y ( ! ,treasury1 %all-- 7#a7 9 coord9ation & consultation ) relevant ,f$]al ag5cies1 conduct bilat]al & multilat]al engagem5t ) ! gov]nm5ts ( c\ntries t are allies & p>tn]s ( ! ,unit$ ,/ates to secure coord9ation ( protocols & proc$ures ) respect to cov]$ activities ) c\ntries ( conc]n & cov]$ =eign entities2 & 7#b7 ^u adoption ( protocols & proc$ures describ$ 9 p>agraph 7#a71 "w ) ^? gov]nm5ts to e/abli% me*anisms = %>+ in=mation1 includ+ tr5ds1 ) respect to su* activities4 7b7 ,/rategy = developm5t ( outb\nd review me*anisms ,! ,committee1 9 consultation ) ! ,attorney ,g5]al1 %all-- 7#a7 develop a /rategy to "w ) c\ntries t are allies & p>tn]s ( ! ,unit$ ,/ates to develop me*anisms comp>able to ?is title = ! review ( cov]$ activities2 & 7#b7 provide te*nical assi/ance to ^? c\ntries ) respect to ! developm5t ( ^? me*anisms4 #ajaa4 ,au?orization ( appropriations 7a7 ,9 g5]al ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is title1 includ+ to provide outrea* to indu/ry & p]sons affect$ by ?is title4 7b7 ,hir+ au?ority ,! head ( any ag5cy specifi$ 9 section #ajjb7;b7 may appo9t1 )\t reg>d to ! provisions ( sections #ccji ?r\gh #ccah ( title #e1 ,unit$ ,/ates ,code1 c&idates directly to positions 9 ! competitive s]vice 7z def9$ 9 section #bajb ( t title7 9 t ag5cy4 ,! prim>y responsibility ( individuals 9 positions au?oriz$ "u ! prec$+ s5t5ce %all be to adm9i/] ?is title4 #ajab4 ,rule ( con/ruction ) respect to free & fair comm]ce ,no?+ 9 ?is title may be con/ru$ to re/ra9 or det] =eign inve/m5t 9 ! ,unit$ ,/ates1 ,unit$ ,/ates inve/m5t abroad1 or trade 9 goods or s]vices1 if su* inve/m5t & trade d n pose a risk to ! national security ( ! ,unit$ ,/ates4 4