Replies

Ref.: https://docs.reclaimthenet.org/BILLS-118s686is.pdf

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f) NO RIGHT OF ACCESS.

(1) IN GENERAL.

No provision of this Act shall be construed to create a right to obtain access to information in the possession of the Federal Government that was considered in making a determination under this Act that a transaction is a covered transaction or interest or to prohibit, mitigate, or take action against a covered transaction or interest, including any classified national security information or sensitive but unclassified information.

2) INAPPLICABILITY OF FOIA.

Any information submitted to the Federal Government by a party to a covered transaction in accordance with this Act, as well as any information the Federal Government may create relating to review of the covered transaction, is exempt from disclosure under section 552 of title 5, United States Code (commonly referred to as the “Freedom of Information Act”).

Understanding (or attempting to understand) what is a “Covered Transaction?”

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(4) COVERED TRANSACTION.

(A) IN GENERAL.

The term “covered transaction” means a transaction in which an entity described in subparagraph (B) has any interest (including through an interest in a contract for the provision of the technology or service), or any class of such transactions.

(B) COVERED ENTITIES.

The entities described in this subparagraph are:

(i) a foreign adversary;

(ii) an entity subject to the jurisdiction of, or organized under the laws of, a foreign adversary; and

(iii) an entity owned, directed, or controlled by a person described in subparagraph (A) or (B).