[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3783 Introduced in Senate (IS)]

<DOC>






118th CONGRESS
  2d Session
                                S. 3783

To require the Committee on Foreign Investment in the United States to 
 respond to the Governor of a State who requests a determination with 
    respect to whether a transaction would trigger a review by the 
                               Committee.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             February 8 (legislative day, February 7), 2024

  Mr. Cramer introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To require the Committee on Foreign Investment in the United States to 
 respond to the Governor of a State who requests a determination with 
    respect to whether a transaction would trigger a review by the 
                               Committee.

    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 ``CFIUS State's Right to Know Act of 
2024''.

SEC. 2. REQUESTS FROM GOVERNORS TO COMMITTEE ON FOREIGN INVESTMENT IN 
              THE UNITED STATES RELATING TO TRANSACTIONS.

    Section 721(b) of the Defense Production Act of 1950 (50 U.S.C. 
4565(b)) is amended by adding at the end the following:
            ``(9) Requests from governors.--If the Governor of a State 
        submits to the Committee a request with respect to whether a 
        transaction is a covered transaction, the Committee shall, not 
        later than 30 days after receiving the request--
                    ``(A) determine if the transaction is a covered 
                transaction; and
                    ``(B) inform the Governor of the determination.''.
                                 <all>