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H.R. 5841 115th Congress House

Foreign Investment Risk Review Modernization Act of 2018

Official title: To modernize and strengthen the Committee on Foreign Investment in the United States to more effectively guard against the risk to the national security of the… Show full official titleShow less

Official title: To modernize and strengthen the Committee on Foreign Investment in the United States to more effectively guard against the risk to the national security of the United States posed by certain types of foreign investment, and for other purposes.

Introduced: May 16, 2018 See on congress.gov
Foreign Trade and International Finance Administrative law and regulatory proceduresAlliancesArms control and nonproliferationBank accounts, deposits, capital
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Banking and financial institutions regulationChemical and biological weaponsCompetitiveness, trade promotion, trade deficitsComputer security and identity theftCongressional oversightCorporate finance and managementDepartment of CommerceDepartment of the TreasuryEuropeExecutive agency funding and structureFederal officialsFederal preemptionForeign aid and international reliefForeign and international corporationsGovernment studies and investigationsHuman rightsInfrastructure developmentIntelligence activities, surveillance, classified informationInternational organizations and cooperationLicensing and registrationsMilitary assistance, sales, and agreementsMilitary operations and strategyNuclear weaponsPresidents and presidential powers, Vice PresidentsPublic contracts and procurementRacial and ethnic relationsSanctionsState and local government operationsTechnology transfer and commercializationTerrorismTrade restrictionsU.S. and foreign investmentsWar and emergency powers
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2018
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.
Jun 26, 2018
Motion to reconsider laid on the table Agreed to without objection.
Jun 26, 2018
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 2 (Roll no. 295). (text: CR H5674-5690)
Jun 26, 2018
Considered as unfinished business. (consideration: CR H5705-5706)
Jun 26, 2018
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jun 26, 2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5841.
Jun 26, 2018
Considered under suspension of the rules. (consideration: CR H5674-5696)
Jun 26, 2018
Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.
Jun 26, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-784, Part I.
May 22, 2018
Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.
May 22, 2018
Committee Consideration and Mark-up Session Held.
May 18, 2018
Referred to the Subcommittee on Digital Commerce and Consumer Protection.
May 16, 2018
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Energy and Commerce, Intelligence (Permanent Select), and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 16, 2018
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 26, 2018 House · vote #295 On Motion to Suspend the Rules and Pass, as Amended Passed 400–2 See who voted →
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 Latest action June 27, 2018

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 492.

 Plain-English summary Congressional Research Service

Foreign Investment Risk Review Modernization Act of 2018

This bill amends the Defense Production Act of 1950 to revise the Committee on Foreign Investment in the United States' (CFIUS's) authority to review the national security implications of foreign investments. The definition of a "covered transaction" subject to CFIUS review is amended to include certain real estate transactions, sensitive transactions involving countries of special concern, and asset transfers pursuant to bankruptcy proceedings. Other topics revised by this bill include mitigation agreements, required CFIUS review factors, and CFIUS funding and resources.

The bill delays to 2021 the National Credit Union Administration rule titled "Risk-Based Capital" published on October 29, 2015.

Export Control Reform Act of 2018

Export Controls Act of 2018

The bill grants the President authority to control and regulate: (1) the export, reexport, and transfer of commodities, software, or technology; and (2) activities relating to specific nuclear, chemical, biological, or other weapons and related projects, and foreign intelligence services. The President must establish an interagency process to identify emerging technologies essential to national security.

Anti-Boycott Act of 2018

The President must issue regulations prohibiting specified actions with respect to foreign boycotts against a country friendly to the United States.

The President must impose sanctions regarding the export, the transfer, or efforts by a foreign country to use or acquire specified weapons technology.

 Related & companion bills 4
  • S 3750 Common Sense Credit Union Capital Relief Act of 2018
  • HR 5288 Common Sense Credit Union Capital Relief Act of 2018
  • HR 5040 Export Control Reform Act of 2018
  • HR 5515 John S. McCain National Defense Authorization Act for Fiscal Year 2019
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 6
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5841: Foreign Investment Risk Review Modernization Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5841/
MLA
"H.R. 5841: Foreign Investment Risk Review Modernization Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5841/.
Bluebook (legal)
H.R. 5841, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5841/.
Markdown link
[H.R. 5841: Foreign Investment Risk Review Modernization Act of 2018](https://openamerica.io/bill/115-HR-5841/)
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