ThePolitibase
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

  1. Sep 29, 2022
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.
  2. May 26, 2021
    Read twice and referred to the Committee on Finance.
  3. May 26, 2021
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
Make your voice heard

Contact your representatives about this bill in under 2 minutes.

📬 Contact Your Reps →