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U.S. Supply Chain Security Review Act of 2023

1/23/2024, 2:56 AM

Summary of Bill HR 3395

Bill 118 hr 3395, also known as the U.S. Supply Chain Security Review Act of 2023, is a piece of legislation currently being considered by the U.S. Congress. The main purpose of this bill is to enhance the security of the U.S. supply chain by conducting a comprehensive review of potential vulnerabilities and risks.

The bill calls for the establishment of a Supply Chain Security Review Office within the Department of Homeland Security, which will be responsible for conducting a thorough assessment of the supply chain for critical industries such as defense, energy, and telecommunications. This review will identify potential threats to the supply chain, including cyber attacks, natural disasters, and other disruptions.

Additionally, the bill requires the Secretary of Homeland Security to develop a strategy for mitigating these risks and enhancing the resilience of the U.S. supply chain. This strategy will include recommendations for improving information sharing, enhancing coordination between government agencies and private sector partners, and implementing best practices for supply chain security. Overall, the U.S. Supply Chain Security Review Act of 2023 aims to strengthen the security of the U.S. supply chain and ensure that critical industries are better prepared to respond to potential threats and disruptions. It represents a bipartisan effort to safeguard the nation's economic and national security interests.

Congressional Summary of HR 3395

U.S. Supply Chain Security Review Act of 2023

This bill requires the Federal Maritime Commission to commission a study assessing potential economic security risks of foreign ownership of marine terminals at the 15 largest U.S. container ports and recommending ways to address the risks. The study must be conducted by a federally funded research and development center. It must include details about how foreign ownership may threaten (1) economic security, (2) operational technology and information unique to the United States, and (3) the supply chain.

Current Status of Bill HR 3395

Bill HR 3395 is currently in the status of Introduced to Senate since July 27, 2023. Bill HR 3395 was introduced during Congress 118 and was introduced to the House on May 17, 2023.  Bill HR 3395's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of July 27, 2023

Bipartisan Support of Bill HR 3395

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3395

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Economic performance and conditions
- Foreign and international corporations
- Government studies and investigations
- Marine and inland water transportation
- Trade secrets and economic espionage

Alternate Title(s) of Bill HR 3395

U.S. Supply Chain Security Review Act of 2023
U.S. Supply Chain Security Review Act of 2023
U.S. Supply Chain Security Review Act of 2023
To direct the Chairman of the Federal Maritime Commission to seek to enter into an agreement with a federally funded research and development center to evaluate foreign ownership of marine terminals at the 15 largest United States container ports, and for other purposes.

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