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Protecting Genetic Data: Mandatory Review of Foreign Investments in DNA Companies.

This law mandates strict government review for foreign investments in U.S. businesses that collect or maintain genetic information of U.S. citizens, including genomic sequencing data. The goal is to safeguard sensitive health data from foreign acquisition, enhancing national security. The Secretary of Health must now be consulted during these reviews.
Key points
Foreign investments in companies holding U.S. citizens' genetic data (like DNA test results) must undergo mandatory national security review by the government committee (CFIUS).
The Secretary of Health and Human Services must be consulted during the review of these transactions to ensure proper assessment of medical data risks.
Congressional oversight of the investment review process is expanded, involving intelligence and foreign affairs committees.
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Additional Information
Print number: 118_S_1827
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-06-06