Title 50, War and National DefenseRelease 119-110

§4583 Report

Title 50 › CHAPTER 55 — DEFENSE PRODUCTION › SUBCHAPTER IV — PROHIBITION AND NOTIFICATION ON INVESTMENTS RELATING TO COVERED NATIONAL SECURITY TRANSACTIONS › § 4583

Last updated Sep 23, 2026|Official source

Summary

The Secretary must send a report to Congress no later than 18 months after December 18, 2025, and at least once a year after that. The Secretary must work with the Secretary of Commerce and other federal agencies as needed. The report must list enforcement actions and notifications made under the rules during the past year, saying for each action what technology was involved (prohibited or notifiable), what kind of national security transaction it was, which foreign person was involved, and which U.S. person was involved. The report must review the meaning of “prohibited technology,” name any new technologies that could pose an acute national security threat if a country of concern got them, explain why, and note any technologies removed from that list. It must summarize notifications by technology, transaction type, and country, describe trends, and assess the overall effect. The report must also include recommendations about expanding federal programs to support production or supply of those technologies in the United States, investments to reduce dependence on countries of concern, and whether to continue, expand, or change how this part of the law is run. Reports must be unclassified but may have a classified annex. In preparing the report the Secretary must consider information provided by committee leaders and may use credible information from other countries, nongovernmental groups, or other relevant sources. The Secretary and the Secretary of Commerce, or their designees, must testify to Congress no later than one year after December 18, 2025, and yearly for five years about national security risks from U.S. investments in countries of concern and global capital flows. If the chair and ranking member of an appropriate committee jointly ask in writing about a specific technology, the Secretary must decide whether it may pose an acute threat and include a clear explanation and recommendation in the report about naming it prohibited, notifiable, or not a threat.

Full Legal Text

Title 50, §4583

War and National Defense, Source: USLM XML via OLRC

(a)In general

Not later than 18 months after December 18, 2025, and not less frequently than annually thereafter, the Secretary, in consultation with the Secretary of Commerce and, as appropriate, the heads of other relevant Federal departments and agencies, shall submit to the appropriate congressional committees a report, subject to appropriate confidentiality and classification requirements, that—

(1)lists all enforcement actions taken subject to the existing regulations and regulations issued under section 4581(e) and 4582(b) of this title during the year preceding submission of the report, which includes, with respect to each such action, a description of—

(A)the prohibited technology or notifiable technology;

(B)the covered national security transaction;

(C)the covered foreign person; and

(D)the relevant United States person;

(2)provides an assessment of the definition of the term “prohibited technology” under existing regulations or regulations issued under section 4581(e) or 4582(b) of this title by—

(A)identifying additional technologies that the Secretary, in consultation with the Secretary of Commerce and, as applicable, the Secretary of Defense, the Secretary of State, the Secretary of Energy, the Director of National Intelligence, and the heads of any other relevant Federal agencies, determined under existing regulations or regulations issued pursuant to 4581(e) of this title may pose an acute threat to the national security of the United States if developed or acquired by a country of concern;

(B)explaining why each technology identified in subparagraph (A) may pose an acute threat to the national security of the United States if developed or acquired by a country of concern; and

(C)describing any removal of technologies from the category of prohibited technology under existing regulations or regulations issued under section 4581(e) of this title during the reporting period to the extent that the technologies no longer pose an acute threat to the national security of the United States if developed or acquired by a country of concern;

(3)lists all notifications submitted under existing regulations or regulations issued section 4582 of this title during the year preceding submission of the report and includes, with respect to each such notification—

(A)basic information on each party to the covered national security transaction with respect to which the notification was submitted; and

(B)the nature of the covered national security transaction that was the subject of the notification, including the elements of the covered national security transaction that necessitated a notification;

(4)includes a summary of those notifications, disaggregated by prohibited technology, by notifiable technology, by covered national security transaction, and by country of concern;

(5)provides additional context and information regarding trends in the prohibited technology, notifiable technology, the types of covered national security transaction, and the countries involved in those notifications; and

(6)assesses the overall impact of those notifications, including recommendations for—

(A)expanding existing Federal programs to support the production or supply of prohibited technologies or notifiable technologies in the United States, including the potential of existing authorities to address any related national security concerns;

(B)investments needed to enhance prohibited technologies or notifiable technologies and reduce United States dependence on countries of concern regarding those technologies; and

(C)the continuation, expansion, or modification of the implementation and administration of this subchapter.

(b)Consideration of certain information

In preparing the report pursuant to subsection (a), the Secretary—

(1)shall consider information provided jointly by the chairperson and ranking member of any of the appropriate congressional committees;

(2)may consider credible information obtained by other countries and nongovernmental organizations that monitor the military, surveillance, intelligence, or technology capabilities of a country of concern; and

(3)may consider any other information that the Secretary deems relevant.

(c)Form of report

Each report required by this section shall be submitted in unclassified form, but may include a classified annex.

(d)Testimony required

Not later than one year after December 18, 2025, and annually thereafter for five years, the Secretary and the Secretary of Commerce, or their designee, shall each provide to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committees on Foreign Affairs and Financial Services of the House of Representatives testimony with respect to the national security threats relating to investments by United States persons in countries of concern and broader international capital flows.

(e)Requests by appropriate congressional committees

(1)In general

After receiving a request that meets the requirements of paragraph (2) with respect to whether a technology should be included in the amendments as described in subsection (a)(2), the Secretary shall, in preparing the report pursuant to subsection (a)—

(A)determine if that technology may pose an acute threat to the national security of the United States if developed or acquired by a country of concern; and

(B)include in the report pursuant to subsection (a) an explanation with respect to that determination that includes—

(i)a statement of whether or not the technology, as determined by the Secretary, may pose an acute threat to the national security of the United States if developed or acquired by a country of concern; and

(ii)if the Secretary determines that—

(I)the technology may pose an acute threat to the national security of the United States if developed or acquired by a country of concern, an explanation for such determination and a recommendation whether that technology should be named a prohibited technology or a notifiable technology; and

(II)the technology would not pose an acute threat to the national security of the United States if developed or acquired by a country of concern, an explanation for such determination.

(2)Requirements

A request under paragraph (1) with respect to whether a technology may pose an acute threat to the national security of the United States if developed or acquired by a country of concern shall be submitted to the Secretary in writing jointly by the chairperson and ranking member of 1 or more of the appropriate congressional committees.

Reference

Citations & Metadata

Citation

50 U.S.C. § 4583

Title 50, War and National Defense

Last Updated

Sep 23, 2026

Release point: 119-110