Securing Partner Supply Chains Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7675 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7675 To require the Secretary of State to establish the Initiative on Foreign Investment Screening, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 25, 2026 Mr. Castro of Texas (for himself and Mrs. Kim) introduced the following bill; which was referred to the Committee on Foreign Affairs _______________________________________________________________________ A BILL To require the Secretary of State to establish the Initiative on Foreign Investment Screening, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Securing Partner Supply Chains Act''. SEC. 2. INITIATIVE ON FOREIGN INVESTMENT SCREENING. (a) Findings.--Congress finds the following: (1) Foreign investment can be beneficial to economic growth, but also presents risks to national security if critical infrastructure, sensitive technology, or supply chains are compromised. (2) Many foreign countries lack robust regulatory frameworks to screen foreign investments for national security concerns. (3) Strengthening investment screening mechanisms worldwide supports United States national security by enhancing allied and partner countries' resilience against malign foreign influence. (4) The United States has expertise in investment screening which can be leveraged to assist allies and partners. (b) Initiative on Foreign Investment Screening.-- (1) Establishment.--Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall establish the Initiative on Foreign Investment Screening (in this section referred to as the ``Initiative'') which shall terminate on the date that is 3 years after the date of suc