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   &lt;pre&gt;[Congressional Record Volume 167, Number 31 (Thursday, February 18, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. BANKS:H.R. 1092.Congress has the power to enact this legislation pursuantto the following:The constitutional authority of Congress to enact thislegislation is provided by Article I, section 8 of the UnitedStates Constitution, specifically clause 18 (relating to thepower to make all laws necessary and proper for carrying outthe powers vested in Congress).[Page H536]&lt;/pre&gt;
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     Introduced in House
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     2021-03-19T16:23:18Z
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     &lt;p&gt;This bill requires the Committee on Foreign Investment in the United States to review any purchase by a Chinese entity of a controlling interest in a U.S. company deemed critical to national security, critical infrastructure, or of cultural significance. The President may approve such a purchase only if, among other things, the purchase price was not significantly affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic and the sale will not permit additional access to distribute propaganda or alter U.S. news and media consumption.&lt;/p&gt; &lt;p&gt;The bill's provisions cease to have force or effect once the United States has substantially recovered from the economic impacts of the pandemic.&lt;/p&gt;
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   To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
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     To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
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     To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
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    Referred to the Subcommittee on Consumer Protection and Commerce.
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2021-02-19
Innovation, Data, and Commerce Subcommittee
hsif17
1
House committee actions
Referred to the Subcommittee on Consumer Protection and Commerce.
Committee
H11100
2021-02-18
Foreign Affairs Committee
hsfa00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
H11100
2021-02-18
Energy and Commerce Committee
hsif00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
H11100
2021-02-18
Financial Services Committee
hsba00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
Intro-H
2021-02-18
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-18
9
Library of Congress
Introduced in House
IntroReferral
2021-02-18T17:38:35Z
Referred to
House
Energy and Commerce Committee
2021-02-19T22:13:16Z
Referred to
Innovation, Data, and Commerce Subcommittee
hsif17
hsif00
Standing
2021-02-18T17:38:40Z
Referred to
House
Foreign Affairs Committee
hsfa00
Standing
2021-02-18T17:38:30Z
Referred to
House
Financial Services Committee
hsba00
Standing
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-02-18
2021-02-19
Referred to the Subcommittee on Consumer Protection and Commerce.
House
Foreign Trade and International Finance
B001299
3
Jim
Rep. Banks, Jim [R-IN-3]
N
Banks
R
IN
Asia Cardiovascular and respiratory health China Corporate finance and management Economic performance and conditions Emergency medical services and trauma care Foreign and international corporations Government information and archives Government studies and investigations Infectious and parasitic diseases Infrastructure development News media and reporting Presidents and presidential powers, Vice Presidents Trade restrictions U.S. and foreign investments
2021-02-18
Introduced in House
 <p>This bill requires the Committee on Foreign Investment in the United States to review any purchase by a Chinese entity of a controlling interest in a U.S. company deemed critical to national security, critical infrastructure, or of cultural significance. The President may approve such a purchase only if, among other things, the purchase price was not significantly affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic and the sale will not permit additional access to distribute propaganda or alter U.S. news and media consumption.</p> <p>The bill's provisions cease to have force or effect once the United States has substantially recovered from the economic impacts of the pandemic.</p>
2021-03-19T16:23:18Z
00
2021-02-18T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr1092ih/xml/BILLS-117hr1092ih.xml
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
Display Title
IH
Introduced in House
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
Official Title as Introduced
HR
2023-01-11T13:47:22Z
2023-01-11T13:47:22Z
3.0.0
2021-02-19
Innovation, Data, and Commerce Subcommittee
hsif17
1
House committee actions
Referred to the Subcommittee on Consumer Protection and Commerce.
Committee
H11100
2021-02-18
Foreign Affairs Committee
hsfa00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
H11100
2021-02-18
Energy and Commerce Committee
hsif00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
H11100
2021-02-18
Financial Services Committee
hsba00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
IntroReferral
Intro-H
2021-02-18
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-18
9
Library of Congress
Introduced in House
IntroReferral
B001299
3
Jim
Rep. Banks, Jim [R-IN-3]
N
Banks
R
IN
Asia Cardiovascular and respiratory health China Corporate finance and management Economic performance and conditions Emergency medical services and trauma care Foreign and international corporations Government information and archives Government studies and investigations Infectious and parasitic diseases Infrastructure development News media and reporting Presidents and presidential powers, Vice Presidents Trade restrictions U.S. and foreign investments
2021-02-18
Introduced in House
 <p>This bill requires the Committee on Foreign Investment in the United States to review any purchase by a Chinese entity of a controlling interest in a U.S. company deemed critical to national security, critical infrastructure, or of cultural significance. The President may approve such a purchase only if, among other things, the purchase price was not significantly affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic and the sale will not permit additional access to distribute propaganda or alter U.S. news and media consumption.</p> <p>The bill's provisions cease to have force or effect once the United States has substantially recovered from the economic impacts of the pandemic.</p>
2021-03-19T16:23:18Z
00
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
Display Title
IH
Introduced in House
To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
Official Title as Introduced
2021-02-19
Referred to the Subcommittee on Consumer Protection and Commerce.