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S. 1854 117th Congress Senate

National Critical Capabilities Defense Act of 2021

Official title: A bill to require reviews of United States investment in foreign countries that may threaten national critical capabilities, and for other purposes.

Introduced: February 15, 2022 See on congress.gov
Foreign Trade and International Finance Advisory bodiesCivil actions and liabilityCongressional oversightCorporate finance and management
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Disaster relief and insuranceEmergency medical services and trauma careEmergency planning and evacuationExecutive agency funding and structureForeign and international corporationsIndustrial policy and productivityInfectious and parasitic diseasesManufacturingPublic contracts and procurementTrade agreements and negotiationsU.S. and foreign investments
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.
May 26, 2021
Read twice and referred to the Committee on Finance.
May 26, 2021
Introduced in Senate
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 Latest action September 29, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-752.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • HR 6329 Identical bill National Critical Capabilities Defense Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 2 Republican 2
D
Baldwin, Tammy
Wisconsin · Feb 15, 2022
 R
Cornyn, John
Texas · May 26, 2021
 D
Kaine, Tim
Virginia · May 26, 2021
 R
Tillis, Thomas
North Carolina · May 26, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1854: National Critical Capabilities Defense Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-1854/
MLA
"S. 1854: National Critical Capabilities Defense Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1854/.
Bluebook (legal)
S. 1854, 117th Cong. (2026), https://openamerica.io/bill/117-S-1854/.
Markdown link
[S. 1854: National Critical Capabilities Defense Act of 2021](https://openamerica.io/bill/117-S-1854/)
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