To provide for an investment screening mechanism relating to covered sectors.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To provide for an investment screening mechanism relating to covered sectors., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Technology, Trade.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id5AE5E9632E744C559AE3D051DEF4357F: 1. Short title This Act may be cited as the Outbound Investment Transparency Act of 2023.
- Section id657dc5bd06104243927e9bc1327c0caf: 2. Protection of covered sectors The Defense Production Act of 1950 (50 U.S.C. 4501 et seq.) is amended by adding at the end the following: VIIIProtection of...
- Section idE1F8B1F68A404D20834D3A19D44CB3DE: 801. Definitions In this title: The term appropriate congressional committees means— the Committee on Armed Services, the Committee on Finance, the Committee...
- Section ID64f4e94da1954220ac16549259aa9bd6: 802. Administration of United States investment notification The President shall delegate the authorities and functions under this title to the Secretary of...
- Section ID2ab1da504efb485fb171758d06724ef3: 803. Mandatory notification of covered activities Subject to regulations prescribed in accordance with section 806, beginning on the date that is 90 days after...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To provide for an investment screening mechanism relating to covered sectors., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Technology, Trade
Primary Purpose
This bill, To provide for an investment screening mechanism relating to covered sectors., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Cornyn (for himself and Mr. Casey) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_defense"
- → Secretary of Defense
- "secretary_of_commerce"
- → Secretary of Commerce
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology