3.0.0 1404 2023-01-11T16:47:41Z 2023-01-11T16:47:41Z Senate S S 2007-05-15 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-05-15T23:44:27Z 2007-05-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-05-15 Sponsor introductory remarks on measure. (CR S6142-6143) IntroReferral B00100 9 Library of Congress 2007-05-15 Introduced in Senate IntroReferral 10000 9 Library of Congress I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK N Foreign Trade and International Finance Armed Forces and National Security Commerce Congress Congressional oversight Congressional reporting requirements Corporate mergers Defense industries Energy Foreign corporations Foreign investments Governmental investigations Legislative resolutions Public Lands and Natural Resources Foreign Trade and International Finance

00 2007-05-15 Introduced in Senate 2007-08-06T16:56:23Z Foreign Investment Security Act of 2007 - Amends the Defense Production Act of 1950 relating to authorized investigations of the effects on national security of a proposed acquisition, merger, or takeover (transaction) by or with foreign persons which could result in foreign control of persons engaged in U.S. commerce to: (1) extend the time to commence such investigation; (2) require the findings and recommendations of any investigation to be sent immediately to the President and specified congressional committees for review; (3) require certain factors to be considered as part of such investigation, including the effect on domestic production and long-term projections of U.S. requirements for sources of energy and other critical resources; (4) direct the Secretary of the Treasury to report quarterly to such committees a detailed summary and analysis of each transaction being, or likely to be, reviewed; and (5) subject the President's decision not to suspend or prohibit a transaction to a congressional approval process.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2007-05-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1404is/xml/BILLS-110s1404is.xml 2007-05-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.