Comprehensive Outbound Investment National Security Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Comprehensive Outbound Investment National Security Act of 2025 aims to protect U.S. national security by imposing sanctions on certain foreign persons, particularly those linked to the People’s Republic of China, and prohibiting U.S. investments in countries of concern. It establishes a framework for identifying and restricting investments that could benefit China’s military modernization or human rights abuses. The bill also seeks to improve coordination with allies and partners to prevent the development of prohibited technologies.
Key provisions
- Imposes sanctions on foreign persons determined to be ‘covered foreign persons’ based on their ties to China or other countries of concern.
- Prohibits and requires notifications for certain investments by U.S. persons in countries of concern, focusing on transactions related to ‘covered national security transactions’.
- Establishes a ‘Non-SDN Chinese Military-Industrial Complex Companies List’ to identify entities subject to sanctions.
- Requires the Secretary of the Treasury to report annually to Congress on the status of covered foreign persons and prohibited transactions.
- Authorizes the President to exempt certain activities from sanctions if they are deemed to be in the national interest.
- Creates a process for establishing a publicly accessible database of covered foreign persons.
- Mandates coordination with allies and partners to prevent the development of prohibited technologies.
- Authorizes appropriations for the Department of the Treasury and the Department of Commerce to administer the Act.
Bill text
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