The bill will require the U.S. President to "establish an interagency committee to counter Russian active measures," according to Senate press release issued in May.
Citing an anonymous U.S. intelligence source, Buzzfeed said the new group would be modelled on the now defunct "Active Measures Working Group," a Cold War era committee erected in the 1980s to expose covert operations by the Soviet Union.
Buzzfeed reported that the committee would also uncover Russian-sponsored assassinations, investigate 'front' groups, media manipulation, covert broadcasting, and secret funding. The FBI would also have to investigate Russian diplomats who plan to travel 50 miles from their U.S. post.
It comes amid a new spate of cyber espionage believed to have been launched by Russian hackers. NBC News earlier this month confirmed that the Democratic National Committee was breached by Russian government sanctioned hackers which had previously targeted the White House, and accessed a research database on Republican opposition candidates including presumptive presidential candidate Donald Trump.
The same hackers are believed to have accessed computers at the Clinton Foundation.