2019 US Code
Title 50 - War and National Defense
Chapter 45 - Miscellaneous Intelligence Community Authorities
Subchapter IV - Collection, Analysis, and Sharing of Intelligence
Sec. 3370a - Biennial report on foreign investment risks

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Citation 50 U.S.C. § 3370a (2019)
Section Name §3370a. Biennial report on foreign investment risks
Section Text (a) Intelligence community interagency working group (1) Requirement to establish

The Director of National Intelligence shall establish an intelligence community interagency working group to prepare the biennial reports required by subsection (b).

(2) Chairperson

The Director of National Intelligence shall serve as the chairperson of such interagency working group.

(3) Membership

Such interagency working group shall be composed of representatives of each element of the intelligence community that the Director of National Intelligence determines appropriate.

(b) Biennial report on foreign investment risks (1) Report required

Not later than 180 days after December 20, 2019, and not less frequently than once every 2 years thereafter, the Director of National Intelligence shall submit to the appropriate congressional committees a report on foreign investment risks prepared by the interagency working group established under subsection (a).

(2) Elements

Each report required by paragraph (1) shall include identification, analysis, and explanation of the following:

(A) Any current or projected major threats to the national security of the United States with respect to foreign investment.

(B) Any strategy used by a foreign country that such interagency working group has identified to be a country of special concern to use foreign investment to target the acquisition of critical technologies, critical materials, or critical infrastructure.

(C) Any economic espionage efforts directed at the United States by a foreign country, particularly such a country of special concern.

(c) Appropriate congressional committees defined

In this section, the term "appropriate congressional committees" means—

(1) the congressional intelligence committees;

(2) the Committee on Homeland Security and Governmental Affairs and the Committee on Foreign Relations of the Senate; and

(3) the Committee on Homeland Security and the Committee on Foreign Affairs of the House of Representatives.

Source Credit

(Pub. L. 116–92, div. E, title LXVII, §6716, Dec. 20, 2019, 133 Stat. 2227.)

Editorial Notes DEFINITIONS

For definitions of "intelligence community" and "congressional intelligence committees", referred to in text, see section 5003 of div. E of Pub. L. 116–92, set out as a note under section 3003 of this title.

Publication Title United States Code, 2018 Edition, Supplement 1, Title 50 - WAR AND NATIONAL DEFENSE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 50 - WAR AND NATIONAL DEFENSE
CHAPTER 45 - MISCELLANEOUS INTELLIGENCE COMMUNITY AUTHORITIES
SUBCHAPTER IV - COLLECTION, ANALYSIS, AND SHARING OF INTELLIGENCE
Sec. 3370a - Biennial report on foreign investment risks
Contains section 3370a
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 133 Stat. 2227
Public Law References Public Law 116-92
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