Requires the Secretary of State to set up a three-year Initiative on Foreign Investment Screening that helps partner countries build their own systems for reviewing foreign investments for national security risks.

Official title: Securing Partner Supply Chains Act

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 25-FEB-2026

Referred 25-FEB-2026

Approved by committee 26-MAR-2026

Key points

Requires the Secretary of State to establish the Initiative within 180 days of enactment, with the Under Secretary for Economic Growth, Energy, and the Environment leading it
Directs the Initiative to provide technical assistance, training, advisory services, and regulatory guidance to foreign countries on screening foreign investments for national security risks
Requires annual reports to the House Foreign Affairs and Senate Foreign Relations committees for three years, covering activities, country progress, and emerging risks
Sets the Initiative to terminate three years after it is established

AI-generated from the Introduced in House text of 25-FEB-2026 · verify · report an error

Official CRS summary

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Committee referrals (1)

Policy area

International Affairs

Sponsor Joaquin Castro (D-TX) Cosponsors · 4

■ 3 R■ 1 D

3 Republicans

1 Democrat

congress.gov page Introduced in House (25-FEB-2026)