An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Defense Production Act of 1950

A U.S. law allowing the President to require businesses to prioritize government orders and allocate materials and facilities to promote national defense, including through the review of foreign investments.

Committee on Foreign Investment in the United States (CFIUS)

An inter-agency committee of the U.S. government that reviews certain foreign investments in the United States for potential national security risks.

National Laboratory

A system of laboratories operated by the U.S. Department of Energy that conducts scientific research and development for national security, energy, and environmental goals.

Critical Infrastructure

Systems and assets, whether physical or virtual, so vital to the United States that their incapacitation or destruction would have a debilitating effect on security, national economic security, national public health or safety, or any combination thereof. This bill specifically includes drinking water infrastructure.

Covered Transactions

Foreign investments in the United States that fall under the review authority of CFIUS due to potential national security implications, including certain real estate transactions.

Intelligence Community

A group of 18 separate U.S. government intelligence agencies and organizations that work separately and together to conduct intelligence activities considered necessary for the conduct of foreign policy and national security of the United States.