An amendment numbered 3 printed in the Congressional Record making sundry changes to the bill.

1. 1

   Change 1: Inserts “, conducted by the Committee,” after “analysis”

   InsertsPage 20, line 12Printed page

   …analysis[inserted: , conducted by the Committee,]…

   Original wording

   Page 20, line 12, insert “, conducted by the Committee,” after “analysis”.

2. 2

   Change 2: Replaces “provide periodic reports” with “report, as appropriate but not less than once in each 6-month period,”

   ReplacesPage 22, line 17Printed page

   [struck: provide periodic reports][inserted: report, as appropriate but not less than once in each 6-month period,]

   Original wording

   Page 22, line 17, strike “provide periodic reports” and insert “report, as appropriate but not less than once in each 6-month period,”.

3. 3

   Change 3: Inserts new text on page 23, line 23

   InsertsPrinted page

   Inserted: (iii) Compliance.--The Committee shall develop and agree upon methods for evaluating compliance with any agreement entered into or condition imposed with respect to a covered transaction that will allow the Committee to adequately assure compliance without--

   Inserted: (I) unnecessarily diverting Committee resources from assessing any new covered transaction for which a written notice has been filed pursuant to subsection (b)(1)(C), and if necessary reaching a mitigation agreement with or imposing a condition on a party to such covered transaction or any covered transaction for which a review has been reopened for any reason; or

   Inserted: (II) placing unnecessary burdens on a party to a covered transaction.

   Original wording

   Page 23, after line 23, insert the following new clause:

4. 4

   Change 4: Inserts “, at a minimum,” after “including”

   InsertsPage 25, line 6Printed page

   …including[inserted: , at a minimum,]…

   Original wording

   Page 25, line 6, insert “, at a minimum,” after “including”.

5. 5

   Change 5: Inserts “, or on compliance with a mitigation agreement or condition imposed with respect to such…” after “covered transaction”

   InsertsPage 25, line 12Printed page

   …covered transaction[inserted: , or on compliance with a mitigation agreement or condition imposed with respect to such transaction,]…

   Original wording

   Page 25, line 12, insert “, or on compliance with a mitigation agreement or condition imposed with respect to such transaction,” after “covered transaction”.

6. 6

   Change 6: Replaces “the Committee on International Relations” with “, at a minimum, the Committee on Foreign Affairs”

   ReplacesPage 26, line 5Printed page

   [struck: the Committee on International Relations][inserted: , at a minimum, the Committee on Foreign Affairs]

   Original wording

   Page 26, beginning on line 5, strike “the Committee on International Relations” and insert “, at a minimum, the Committee on Foreign Affairs”.

7. 7

   Change 7: Replaces “the Committee on International Relations” with “, at a minimum, the Committee on Foreign Affairs”

   ReplacesPage 27, line 10Printed page

   [struck: the Committee on International Relations][inserted: , at a minimum, the Committee on Foreign Affairs]

   Original wording

   Page 27, beginning on line 10, strike “the Committee on International Relations” and insert “, at a minimum, the Committee on Foreign Affairs”.

8. 8

   Change 8: Inserts “, including a discussion of the methods the Committee and any lead departments or agencie…” before the period

   InsertsPage 28, line 23Printed page

   Inserted: , including a discussion of the methods the Committee and any lead departments or agencies designated under subsection (l) are using to determine compliance with such arrangements or conditions

   Original wording

   Page 28, line 23, insert “, including a discussion of the methods the Committee and any lead departments or agencies designated under subsection (l) are using to determine compliance with such arrangements or conditions” before the period.

9. 9

   Change 9: Inserts “and annually thereafter” after “of this Act”

   InsertsPage 30, line 21Printed page

   …of this Act[inserted: and annually thereafter]…

   Original wording

   Page 30, line 21, insert “and annually thereafter” after “of this Act”.

10. 10

    Change 10: Replaces “completion of the study” with “completion of each study”

    ReplacesPage 31, line 13Printed page

    In H.R. 556 · Reported in House

    (B) foreign governments, entities controlled by or acting on behalf of a foreign government, or persons of foreign countries which do not ban organizations designated by the Secretary of State as foreign terrorist organizations.

    (2) Report.--Before the end of the 30-day period beginning upon completion of [struck: the][inserted: each] study under paragraph (1) or in the next annual report under section 721(m) of the Defense Production Act of 1950 (as added by subsection (b)), the Secretary of the Treasury shall submit a report to the Congress, for transmittal to all appropriate committees of the Senate and the House of Representatives, containing the findings and conclusions of the Secretary with respect to the study, together with an analysis of the effects of such investment on the national security of the United States and on any efforts to address those effects.

    SEC. 8. CERTIFICATION OF NOTICES AND ASSURANCES.

    Original wording

    Page 31, line 13, strike “completion of the study” and insert “completion of each study”.

11. 11

    Change 11: Inserts “described in paragraph (1)” after “to the study”

    InsertsPage 31, line 21Printed page

    In H.R. 556 · Reported in House

    (B) foreign governments, entities controlled by or acting on behalf of a foreign government, or persons of foreign countries which do not ban organizations designated by the Secretary of State as foreign terrorist organizations.

    (2) Report.--Before the end of the 30-day period beginning upon completion of the study under paragraph (1) or in the next annual report under section 721(m) of the Defense Production Act of 1950 (as added by subsection (b)), the Secretary of the Treasury shall submit a report to the Congress, for transmittal to all appropriate committees of the Senate and the House of Representatives, containing the findings and conclusions of the Secretary with respect to the study[inserted: described in paragraph (1)], together with an analysis of the effects of such investment on the national security of the United States and on any efforts to address those effects.

    SEC. 8. CERTIFICATION OF NOTICES AND ASSURANCES.

    Original wording

    Page 31, line 21, insert “described in paragraph (1)” after “to the study”.

12. 12

    Change 12: Inserts new text on page 31, line 24

    InsertsPrinted page

    Inserted: (d) Investigation by Inspector General.--

    Inserted: (1) In general.--The Inspector General of the Department of the Treasury shall conduct an independent investigation to determine all of the facts and circumstances concerning each failure of the Department of the Treasury to make any report to the Congress that was required under section 721(k) of the Defense Production Act of 1950 (as in effect before the date of the enactment of this Act).

    Inserted: (2) Report to the congress.--Before the end of the 270-day period beginning on the date of the enactment of this Act, the Inspector General of the Department of the Treasury shall submit a report to the chairman and ranking member of each committee of the House of Representatives and the Senate with jurisdiction over any aspect of the report, including, at a minimum, the Committee on Foreign Affairs, the Committee on Financial Services, and the Committee on Energy and Commerce of the House of Representatives, on the investigation under paragraph (1) containing the findings and conclusions of the Inspector General.

    Original wording

    Page 31, after line 24, insert the following new subsection:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed