Sec. 10717. Biennial report on foreign investment risks
226 words·~1 min read·
/bill/116/s/1790/es/section-10717A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Director of National Intelligence shall establish an intelligence community interagency working group to prepare the biennial reports required by subsection (b). The Director of National Intelligence shall serve as the chairperson of such interagency working group. Such interagency working group shall be composed of representatives of each element of the intelligence community that the Director of National Intelligence determines appropriate. Not later than 180 days after the date of the enactment of this Act and not less frequently than once every 2 years thereafter, the Director of National Intelligence shall submit to the congressional intelligence committees, the Committee on Homeland Security and Governmental Affairs of the Senate, and the Committee on Homeland Security of the House of Representatives a report on foreign investment risks prepared by the interagency working group established under subsection (a).
Each report required by paragraph
(1)shall include identification, analysis, and explanation of the following: Any current or projected major threats to the national security of the United States with respect to foreign investment. 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. Any economic espionage efforts directed at the United States by a foreign country, particularly such a country of special concern.