1. Short title; table of contents (a) Short title This Act may be cited as the Foreign Investment Risk Review Modernization Act of 2017 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Sense of Congress. Sec. 3. Definitions. Sec. 4. Inclusion of partnership and side agreements in notice. Sec. 5. Declarations relating to certain covered transactions. Sec. 6. Stipulations regarding transactions. Sec. 7. Authority for unilateral initiation of reviews. Sec. 8. Timing for reviews and investigations. Sec. 9. Monitoring of non-notified and non-declared transactions. Sec. 10. Submission of certifications to Congress. Sec. 11. Analysis by Director of National Intelligence. Sec. 12. Information sharing. Sec. 13. Action by the President. Sec. 14. Judicial review procedures. Sec. 15. Factors to be considered. Sec. 16. Actions by the Committee to address national security risks. Sec. 17. Modification of annual report. Sec. 18. Certification of notices and information. Sec. 19. Funding. Sec. 20. Centralization of certain Committee functions. Sec. 21. Unified budget request. Sec. 22. Special hiring authority. Sec. 23. Conforming amendments. Sec. 24. Assessment of need for additional resources for Committee. Sec. 25. Authorization for Defense Advanced Research Projects Agency to limit foreign access to technology through contracts and grant agreements. Sec. 26. Effective date. Sec. 27. Severability. 2. Sense of Congress It is the sense of Congress that— (1) foreign investment provides substantial economic benefits to the United States, including the promotion of economic growth, productivity, competitiveness, and job creation, and the majority of foreign investment transactions pose little or no risk to the national security of the United States, especially when those investments are truly passive in nature