CFIUS State's Right to Know Act of 2024

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to respond within 30 days to formal requests from state governors about whether a specific foreign investment transaction qualifies as a "covered transaction" under CFIUS rules. It directly affects state governors, who can now formally seek CFIUS determinations regarding transactions in their states. The key mechanism adds a new process where CFIUS must confirm if a transaction is subject to review and notify the governor of its determination. The bill does not change CFIUS's substantive authority but creates a new procedural step for state governments to obtain clarity on foreign investment deals.