Critical Infrastructure Security Act

The Critical Infrastructure Security Act expands the scope of foreign investment reviews by requiring the Committee on Foreign Investment in the United States to evaluate transactions involving critical infrastructure (including drinking water systems) and facilities of the intelligence community or National Laboratories. It mandates that federal agencies annually review and update a list of sensitive facilities for national security or critical infrastructure reasons, then submit these reports to Congress. The bill also requires the committee to publicly report on reviews of such transactions. This law directly affects how the government assesses foreign investments in key infrastructure and government facilities.