STIPULATIONS REGARDING TRANSACTIONS.

SEC. 1707. STIPULATIONS REGARDING TRANSACTIONS. Section 721(b)(1)(C) of the Defense Production Act of 1950 (50 U.S.C. 4565(b)(1)(C)), as amended by section 1706, is further amended by adding at the end the following: “(vi) Stipulations regarding transactions.— “(I) In general.—In a written notice submitted under clause (i) or a declaration submitted under clause (v) with respect to a transaction, a party to the transaction may— “(aa) stipulate that the transaction is a covered transaction; and “(bb) if the party stipulates that the transaction is a covered transaction under item (aa), stipulate that the transaction is a foreign government-controlled transaction. “(II) Basis for stipulation.—A written notice submitted under clause (i) or a declaration submitted under clause (v) that includes a stipulation under subclause (I) shall include a description of the basis for the stipulation.” .