PRIA Logo™
119-s-4899119th Congress

Securing Partner Supply Chains Act

Sponsored By: Senator Kaine, Tim [D-VA]

Introduced

Summary

Strengthen global foreign investment screening to reduce national security risks. This bill would create a State Department-led Initiative to provide technical assistance, training, and advisory services to partner countries and to coordinate U.S. agencies, the private sector, and civil society around screening standards.

Show full summary
  • Partner countries would receive technical assistance, training, regulatory guidance, and information sharing to build or improve foreign investment screening mechanisms.
  • U.S. agencies, the private sector, and civil society would be coordinated to promote common security standards and share information on risky investments.
  • The Initiative would be led by the Under Secretary for Economic Affairs or a designee, terminate after 5 years, and require reports to the House Foreign Affairs Committee and the Senate Foreign Relations Committee starting within 1 year and annually for 3 more years. Reports must assess partner progress, emerging national security risks, and recommend further U.S. engagement.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

New U.S. investment screening initiative

If enacted, the Secretary of State would set up the Initiative on Foreign Investment Screening within 180 days. The Under Secretary for Economic Affairs or a designee would lead it. The Initiative would give partner countries technical assistance, training, regulatory guidance, and information sharing to help screen foreign investments for national security risks. The Secretary would report to the House Foreign Affairs and Senate Foreign Relations committees one year after enactment and then annually for three years. The Initiative would end five years after it is established.

Sponsors & CoSponsors

Sponsor

Kaine, Tim [D-VA]

VA • D

Cosponsors

  • Sen. Curtis, John R. [R-UT]

    UT • R

    Sponsored 6/24/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation