To amend the Defense Production Act of 1950 to allow an Indian Tribe to request CFIUS review of certain transactions between the Indian Tribe and foreign persons, and for other purposes.
Latest Action
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™This bill proposes an amendment to the Defense Production Act of 1950 to permit Indian Tribes to request a review by the Committee on Foreign Investment in the United States (CFIUS) of certain transactions between the Indian Tribe and foreign persons. The bill aims to provide Indian Tribes with a formal mechanism to seek federal review of foreign investments or transactions that may affect their interests. The bill was introduced in the House during the 118th Congress but did not advance beyond committee referral and ultimately failed or expired.
The bill sought to empower Indian Tribes with the ability to request CFIUS review of foreign transactions involving the Tribe, but it did not progress through Congress and expired.
- Amends the Defense Production Act of 1950 to include Indian Tribes as entities that can request CFIUS review.
- Focuses on transactions between Indian Tribes and foreign persons, potentially impacting tribal sovereignty and economic interests.
- Referred to multiple House committees including Financial Services, Energy and Commerce, and Foreign Affairs for jurisdictional review.
['Indian Tribes seeking federal review of foreign transactions affecting their interests', 'CFIUS as the federal body responsible for reviewing foreign investments', 'Potentially tribal communities concerned about foreign influence or investment']
['Implementation challenges in defining the scope and criteria for tribal requests to CFIUS', 'Potential administrative burden on CFIUS and involved committees due to expanded review requests', 'Unclear funding or resource allocation to support the new review process', 'Oversight and enforcement mechanisms for tribal-initiated reviews are not detailed']
The bill was introduced in the House during the 118th Congress and referred to several committees with jurisdiction over financial services, energy, commerce, and foreign affairs. It did not advance beyond committee referral and was ultimately classified as failed or expired. The policy area is identified as Native Americans, reflecting a focus on tribal sovereignty and economic interests in the context of foreign investment review.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Potential increase in federal workload for CFIUS due to new tribal-initiated review requests.', 'Possible influence on tribal economic development strategies involving foreign investment.', 'Enhanced federal recognition of tribal sovereignty in the context of foreign transactions.']
The lack of available full bill text and official summary limits detailed analysis. Transparency would be improved by providing full legislative text and clear procedural guidelines for tribal requests to CFIUS. Oversight considerations include how the expanded review authority will be managed and funded, and how tribal interests will be balanced with national security concerns.
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