U.S. helps allied countries screen foreign investments for security risks.
S. 4899 — Securing Partner Supply Chains Act · Filed by Tim Kaine (D-VA) · 1 cosponsor · Introduced Jun 24, 2026 · Referred to committee
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What it does
The bill tells the Secretary of State to set up a new office. It is called the Initiative on Foreign Investment Screening. This office will teach allied and partner countries how to check foreign investments. It will share best practices and train people. The office will work with U.S. agencies and companies. The program runs for 5 years and must report to Congress each year.
Who it affects
Allied and partner countries get help building investment screening systems. The program does not cost U.S. citizens money or limit their rights.
One thing to notice
The bill does not say how much money the program gets. Its actual size and success depend on future budget choices. The Secretary of State can pick which countries get help. This could let politics affect the decision.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Republicans.
- Jun 24, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- Jun 24, 2026 — Referred to Senate Committee on Foreign Relations · Congress.gov: “Read twice and referred to the Committee on Foreign Relations”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- foreign investment — money or ownership stakes from other countries put into a country's businesses
- screening — checking or reviewing something carefully to find problems or risks
- allied and partner countries — nations that work together with the United States as friends and supporters
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (4,380 characters) on Oct 21, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,388 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-10-21.
“U.S. helps allied countries screen foreign investments for security risks.” QuorumCivic. https://share.quorumcivic.app/bill/119/s4899/simple Report an error
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