S 686 · 118th Congress 2023–2025, ended

RESTRICT Act

Fact sheet

Latest action · Mar 7, 2023 Read twice and referred to the Committee on Commerce, Science, and Transportation.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 7, 2023
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act or the RESTRICT Act

This bill requires federal actions to identify and mitigate foreign threats to information and communications technology (ICT) products and services (e.g., social media applications). It also establishes civil and criminal penalties for violations under the bill.

Specifically, the Department of Commerce must identify, deter, disrupt, prevent, prohibit, investigate, and mitigate transactions involving ICT products and services (1) in which any foreign adversary (such as China) has any interest, and (2) that pose an undue or unacceptable risk to U.S. national security or the safety of U.S. persons.

Additionally, Commerce must identify and refer to the President any covered holding (e.g., stock or security) that poses an undue or unacceptable risk to U.S. national security or the security and safety of U.S. persons. If the President determines that the holding poses such a risk, the President may compel divestment of or otherwise mitigate the risk associated with the holding.

Commerce may (1) designate any foreign government or regime as a foreign adversary upon a determination that the foreign government or regime is engaged in a long-term pattern or serious instances of conduct significantly adverse to U.S. national security or the security and safety of U.S. persons, and (2) remove such a designation. Commerce must notify Congress before making or removing a designation; these actions are subject to congressional disapproval.

The bill outlines (1) enforcement mechanisms, including actions by the Department of Justice; and (2) civil and criminal penalties for violations.

Cosponsors 26

Members who signed on, in the order they did. Signatures ran from Mar 7, 2023 to Jan 8, 2024, with 12 there on the day it was introduced.

SeatCosponsorSigned on
R-AKDan SullivanOriginalMar 7, 2023
R-NEDeb FischerOriginalMar 7, 2023
R-KSJerry MoranOriginalMar 7, 2023
I-WVJoe Manchin IIIOriginalMar 7, 2023
R-SDJohn ThuneOriginalMar 7, 2023
D-NYKirsten E. GillibrandOriginalMar 7, 2023
D-NMMartin HeinrichOriginalMar 7, 2023
D-COMichael F. BennetOriginalMar 7, 2023
R-UTMitt RomneyOriginalMar 7, 2023
R-WVShelley Moore CapitoOriginalMar 7, 2023
R-MESusan M. CollinsOriginalMar 7, 2023
D-WITammy BaldwinOriginalMar 7, 2023
D-NMBen Ray LujánMar 8, 2023
R-NDKevin CramerMar 14, 2023
D-VATim KaineMar 14, 2023

Actions 2

Everything that happened, newest first.

  1. Mar 7, 2023Introduced in Senate
  2. Mar 7, 2023Read twice and referred to the Committee on Commerce, Science, and Transportation.

Subjects

Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.

Text 1

Each version as it was printed, newest first.

  1. Mar 7, 2023Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.