[Congressional Record Volume 170, Number 115 (Thursday, July 11, 2024)]
[Senate]
[Page S4848]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2521. Mr. RUBIO submitted an amendment intended to be proposed by 
him to the bill S. 4638, to authorize appropriations for fiscal year 
2025 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end of subtitle C of title XII, add the following:

     SEC. 1239. NEGOTIATIONS WITH UKRAINE FOR ESTABLISHMENT OF 
                   FOREIGN INVESTMENT REVIEW MECHANISM.

       (a) In General.--The Secretary of State shall seek to enter 
     into negotiations with the Government of Ukraine for--
       (1) the establishment by that Government of a mechanism for 
     reviewing foreign investment in Ukraine, particularly foreign 
     investment from the People's Republic of China, including 
     entities based in the People's Republic of China or subject 
     to the jurisdiction of the People's Republic of China, that 
     is similar to reviews conducted by the Committee on Foreign 
     Investment in the United States under section 721 of the 
     Defense Production Act of 1950 (50 U.S.C. 4565) into foreign 
     investment in the United States; and
       (2) the provision of assistance by the United States 
     relating to establishing that mechanism, including--
       (A) the provision of training to officials of the 
     Government of Ukraine to develop the skillsets required to 
     conduct reviews of foreign investment;
       (B) assistance with the purchase of equipment required by 
     the entity that will be conducting the reviews; and
       (C) sending staff of the Committee on Foreign Investment in 
     the United States to Ukraine for consultations.
       (b) Direct Hire Authority.--To carry out subsection (a), 
     the Secretary may appoint, without regard to the provisions 
     of subchapter I of chapter 33 of title 5, United States Code 
     (other than sections 3303 and 3328 of that title), candidates 
     with appropriate qualifications directly to positions within 
     the Department of State.
       (c) Authorization of Appropriations.--There are authorized 
     to be appropriated $1,000,000 for each of fiscal year 2025 
     through 2029 to provide assistance under subsection (a)(2).
       (d) Termination.--This section and the authorities provided 
     under this section shall terminate on the date that is 5 
     years after the date of the enactment of this Act.
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