Protecting Sensitive Personal Data Act of 2021
This bill expands the covered transactions that are subject to the review of the Committee on Foreign Investment in the United States (CFIUS), which analyzes the national security implications of foreign investment in the United States. Specifically, CFIUS may require declarations for foreign investments in U.S. businesses that maintain or collect sensitive personal data of U.S. citizens that may be exploited to threaten national security.
To expand the transactions for which declarations may be required by 
  the Committee on Foreign Investment in the United States to include 
   investments in United States businesses that maintain or collect 
                        sensitive personal data.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Sensitive Personal Data 
Act of 2021''.

SEC. 2. EXPANSION OF DECLARATIONS REQUIRED BY THE COMMITTEE ON FOREIGN 
              INVESTMENT IN THE UNITED STATES.

    Section 721(b)(1)(C)(v)(IV)(cc) of the Defense Production Act of 
1950 (50 U.S.C. 4565(b)(1)(C)(v)(IV)(cc)) is amended by striking 
``subsection (a)(4)(B)(iii)(II)'' and inserting ``subclause (II) or 
(III) of subsection (a)(4)(B)(iii)''.
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Protecting Sensitive Personal Data Act of 2021
A bill to expand the transactions for which declarations may be required by the Committee on Foreign Investment in the United States to include investments in United States businesses that maintain or collect sensitive personal data.
Protecting Sensitive Personal Data Act of 2021
Sen. Rubio, Marco