Protecting Sensitive Personal Data Act of 2021

Senate Bill 3130 - Protecting Sensitive Personal Data Act of 2021: Overview, Status, and Impact

Hozzl · 2022-12-30T08:33:20Z

Explore the details of Senate Bill 3130 Protecting Sensitive Personal Data Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

12/30/2022, 8:33 AM

Congressional Summary of S 3130

Protecting Sensitive Personal Data Act of 2021

This bill expands the covered transactions that are subject to the review of the Committee on Foreign Investment in the United States (CFIUS), which analyzes the national security implications of foreign investment in the United States. Specifically, CFIUS may require declarations for foreign investments in U.S. businesses that maintain or collect sensitive personal data of U.S. citizens that may be exploited to threaten national security.

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Current Status of Bill S 3130

Bill S 3130 is currently in the status of Bill Introduced since November 2, 2021. Bill S 3130 was introduced during Congress 117 and was introduced to the Senate on November 2, 2021. Bill S 3130's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of November 2, 2021

Bipartisan Support of Bill S 3130

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3130

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill S 3130

Protecting Sensitive Personal Data Act of 2021

A bill to expand the transactions for which declarations may be required by the Committee on Foreign Investment in the United States to include investments in United States businesses that maintain or collect sensitive personal data.