3.0.0 4915 2023-01-13T04:48:58Z 2023-01-13T04:48:58Z House H HR 2006-03-09 109 hsfa00 Foreign Affairs Committee House Standing Referred to 2006-03-09T15:04:15Z hsif00 Energy and Commerce Committee House Standing Referred to 2006-03-09T15:04:10Z hsba00 Financial Services Committee House Standing Referred to 2006-03-09T15:04:05Z 2006-03-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2006-03-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2006-03-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2006-03-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2006-03-09 Sponsor introductory remarks on measure. (CR E340-341) IntroReferral B00100 9 Library of Congress 2006-03-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-03-09 Introduced in House IntroReferral 1000 9 Library of Congress M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 N S001144 Rep. Shays, Christopher [R-CT-4] CHRISTOPHER SHAYS R CT 4 2006-03-09 True F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 2006-03-09 True G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2006-03-09 True M000590 Rep. McNulty, Michael R. [D-NY-21] MICHAEL MCNULTY D NY R. 21 2006-03-16 False D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 2006-03-16 False B000944 Rep. Brown, Sherrod [D-OH-13] Sherrod Brown D OH 13 2006-03-29 False B000410 Rep. Berman, Howard L. [D-CA-28] HOWARD BERMAN D CA L. 28 2006-03-29 False F000262 Rep. Ford, Harold E., Jr. [D-TN-9] HAROLD FORD D TN E. 9 2006-04-06 False K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 2006-04-06 False M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2006-04-06 False W000797 Rep. Wasserman Schultz, Debbie [D-FL-20] Debbie Wasserman Schultz D FL 20 2006-04-06 False B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 2006-04-06 False Foreign Trade and International Finance Administrative procedure Armed Forces and National Security Commerce Congress Congress and foreign policy Congressional reporting requirements Corporate mergers Crime and Law Enforcement Dubai Ports World aftermath legislation Executive Office of the President Executive orders Executive reorganization Federal advisory bodies Foreign corporations Foreign investments Government Operations and Politics Government corporations Government ownership Governmental investigations Infrastructure Infrastructure (Economics) International Affairs Law Leases President and foreign policy Security measures Terrorism Foreign Trade and International Finance 00 2006-03-09 Introduced in House 2006-04-19T20:16:13Z Committee on Foreign Investment in the United States Reform Act - Amends the Defense Production Act of 1950 to revise provisions concerning presidential authority to review any mergers, acquisitions, and takeovers (transactions) that could result in foreign control of persons engaged in interstate commerce in the United States. Directs the President, after receiving written notification of a transaction, to determine whether the transaction may possibly have an effect on U.S. national security. Requires an investigation whenever a review determines that the transaction could result in foreign control of persons engaged in U.S. interstate commerce. Provides that, when a review determines that conditions must be established on the transaction before its approval, such determination shall not be final until approved by the President and either the Secretary or Deputy Secretary of the Treasury. Outlines national security investigation requirements and procedures.

Authorizes the President to establish interim protections in the case of a withdrawal of written notice of a proposed or pending transaction before a review or investigation is completed.

Provides additional factors to be considered in an investigation, including whether the transaction affects U.S. critical infrastructure.

Requires annual and quarterly reports to Congress on such reviews and investigations.

Reestablishes the Committee on Foreign Investment in the United States (CFIUS) as a multi-agency committee (currently, a committee within the Department of the Treasury).

]]> Committee on Foreign Investment in the United States Reform Act Display Title Committee on Foreign Investment in the United States Reform Act Official Title as Introduced To amend section 721 of the Defense Production Act of 1950 to implement certain recommendations relating to the review of certain mergers, acquisitions, or takeovers by or with any foreign person, and for other purposes. Introduced in House IH Short Titles as Introduced Committee on Foreign Investment in the United States Reform Act Introduced in House 2006-03-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4915ih/xml/BILLS-109hr4915ih.xml 2006-03-09 Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.