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    <number>1388</number>
    <updateDate>2026-06-11T12:32:58Z</updateDate>
    <updateDateIncludingText>2026-06-11T12:32:58Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2025-04-09</introducedDate>
    <congress>119</congress>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Referred To</name>
            <date>2025-04-09T19:49:27Z</date>
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        <title>Secure Trade Act</title>
        <congress>119</congress>
        <number>4978</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2025-08-15</actionDate>
          <text>Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, 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.</text>
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      <item>
        <actionDate>2025-04-09</actionDate>
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            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
          </item>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2025-04-09</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
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          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>M001242</bioguideId>
        <fullName>Sen. Moreno, Bernie [R-OH]</fullName>
        <firstName>Bernie</firstName>
        <lastName>Moreno</lastName>
        <party>R</party>
        <state>OH</state>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>S001208</bioguideId>
        <fullName>Sen. Slotkin, Elissa [D-MI]</fullName>
        <firstName>Elissa</firstName>
        <lastName>Slotkin</lastName>
        <party>D</party>
        <state>MI</state>
        <sponsorshipDate>2025-04-09</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001232</bioguideId>
        <fullName>Sen. Sheehy, Tim [R-MT]</fullName>
        <firstName>Tim</firstName>
        <lastName>Sheehy</lastName>
        <party>R</party>
        <state>MT</state>
        <sponsorshipDate>2025-04-09</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Foreign Trade and International Finance</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Foreign Trade and International Finance</name>
        <updateDate>2025-05-22T20:42:57Z</updateDate>
      </policyArea>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2025-04-09</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2026-06-10T20:32:11Z</updateDate>
        <text><![CDATA[<p><strong></strong><strong>Providing Rigorous Oversight Through Evaluation of Concerning Transactions Act of 2025 or the PROTECT Act of 2025</strong></p><p>This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review certain real estate investments made by a foreign country of concern&nbsp;in the United States. The bill defines&nbsp;<em>foreign country of concern</em> as China, North Korea, Russia, Iran, or any other country determined to be a country of concern by the Department of State.</p><p>Specifically, CFIUS must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by a foreign country of concern. A party to any such investment must submit to CFIUS a declaration containing basic information regarding the transaction.</p>]]></text>
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    </summaries>
    <title>PROTECT Act of 2025</title>
    <titles>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>PROTECT Act of 2025</title>
        <updateDate>2025-04-25T03:23:19Z</updateDate>
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      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>PROTECT Act of 2025</title>
        <updateDate>2025-04-25T03:23:18Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Providing Rigorous Oversight Through Evaluation of Concerning Transactions Act of 2025</title>
        <updateDate>2025-04-25T03:23:18Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to require the review by the Committee on Foreign Investment in the United States of greenfield and brownfield investments by foreign countries of concern.</title>
        <updateDate>2025-04-25T03:18:22Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
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        <type>Introduced in Senate</type>
        <date>2025-04-09T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-119s1388is/xml/BILLS-119s1388is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2025-04-09</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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