Provisions Pertaining to Certain Investments in the United States by Foreign Persons
other · Treasury · Rule · Published 2020-09-15 · Effective 2020-10-15 · 85 FR 57124
Document
Document number
2020-18454
Federal Register citation
85 FR 57124
CFR reference
31 CFR 800
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Treasury
Publication date
2020-09-15
Effective date
2020-10-15
Abstract
This final rule modifies certain provisions in the regulations of the Committee on Foreign Investment in the United States that implement section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment Risk Review Modernization Act of 2018. Specifically, the rule modifies the mandatory declaration provision for certain foreign investment transactions involving a U.S. business that produces, designs, tests, manufactures, fabricates, or develops one or more critical technologies. It also makes amendments to the definition of the term "substantial interest" and a related provision, and makes one technical revision.