S. 1854IntroducedFOREIGN TRADE AND INTERNATIONAL FINANCE
National Critical Capabilities Defense Act of 2021
Advisory bodies · Civil actions and liability · Congressional oversight
Sponsor
Sen. Casey, Robert P., Jr. [D-PA]
D · PA
Key facts
Introduced: May 26, 2021
Chamber: Senate
Cosponsors: 6
Congress: 117th
Latest action · Sep 29, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.
Summary
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.
Summary by Congressional Research Service.
Timeline
- Sep 29, 2022Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.
- May 26, 2021Read twice and referred to the Committee on Finance.
- May 26, 2021Introduced in Senate
Cosponsors
- Sen. Cornyn, John [R-TX] R-TX
- Sen. Stabenow, Debbie [D-MI] D-MI
- Sen. Kaine, Tim [D-VA] D-VA
- Sen. Rubio, Marco [R-FL] R-FL
- Sen. Tillis, Thomas [R-NC] R-NC
- Sen. Baldwin, Tammy [D-WI] D-WI
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