Bill · S. 1388· Senate(119-S-1388)
PROTECT Act of 2025
- Introduced
- 4/9/2025
- Last activity
- 4/9/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Bernie Moreno
- Cosponsors
- - 1 - 1
- Introduced
- In Committee
What this bill would do
The PROTECT Act of 2025 aims to expand the oversight capabilities of the Committee on Foreign Investment in the United States. It specifically targets greenfield and brownfield investments made by foreign countries of concern. This includes transactions involving the purchase, lease, or concession of real estate to establish a United States business or facility. The bill seeks to monitor investments that could result in control by a foreign government or entities controlled by such governments. Additionally, it mandates the filing of declarations for these specific types of transactions.
Yes
Does this give the federal government more power?+5
The bill expands the authority of CFIUS to review more transactions, thereby increasing federal oversight and power over foreign investments.
Does this make what the government does easier for the public to see?+3
The bill increases transparency regarding foreign investments through mandatory filings and declarations.
The opposite
Would business owners be better off under this?-2
The bill imposes new regulatory and declaration requirements on businesses involved in certain foreign investments.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Oversight of Foreign Investments: The bill requires the Committee on Foreign Investment in the United States to review specific greenfield and brownfield investments that involve the purchase or lease of real estate for a United States business or facility (Section 2(a)(1) and Section 2(a)(2)(vi)).
-
Monitoring of Foreign Government Control: The provisions aim to identify transactions that could result in control by a government of a foreign country of concern, or entities controlled by those governments (Section 2(a)(2)(vi)(II)).
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Mandatory Declarations for Transparency: The bill requires parties involved in these specific transactions to submit a declaration, which could provide more information regarding the nature of the investment (Section 2(b)).
Potential Negative Impacts for People
- Increased Regulatory Requirements: Parties involved in greenfield and brownfield investments that meet the criteria established in the bill will now be required to submit a declaration (Section 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Increases Federal Power+5Improves Government Transparency+3
- Demographic And Interest Groups
- Good For Business Owners-2
- 4/9/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Elissa SlotkinDemocrat · Michigan
Tim SheehyRepublican · Montana