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SENATE 1854117th CongressCommittee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.

National Critical Capabilities Defense Act of 2021

Last Action
9/29/2022

Actions

  • 2022-09-29Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.
  • 2021-05-26Read twice and referred to the Committee on Finance.
  • 2021-05-26Introduced in Senate

CRS Summary

As of 2021-05-26 (00)

National Critical Capabilities Defense Act of 2021

This bill establishes the Committee on National Critical Capabilities to review certain transactions by U.S. businesses, including those transactions that could result in an unacceptable risk to national critical capabilities. Further, the bill authorizes the President to suspend or prohibit transactions that pose an unacceptable risk to national critical capabilities.

Cosponsors (6)

  • John Cornyn (R-TX)
  • Debbie Stabenow (D-MI)
  • Timothy Kaine (D-VA)
  • Marco Rubio (R-FL)
  • Thomas Tillis (R-NC)
  • Tammy Baldwin (D-WI)

Subjects

  • Advisory bodies
  • Civil actions and liability
  • Congressional oversight
  • Corporate finance and management
  • Disaster relief and insurance
  • Emergency medical services and trauma care
  • Emergency planning and evacuation
  • Executive agency funding and structure
  • Foreign and international corporations
  • Industrial policy and productivity
  • Infectious and parasitic diseases
  • Manufacturing
  • Public contracts and procurement
  • Trade agreements and negotiations
  • U.S. and foreign investments
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.