FOREIGN INVESTMENTS

Articles and editorials

War of the Worlds, E269 [2MR]

Bills and resolutions

Coast Guard: require a security plan for a maritime facility be resubmitted for approval upon transfer of ownership or operation of such facility (see H.R. 4880), H571 [6MR]

Committee on Foreign Investment in the U.S.: add certain intelligence officials, and reform the administrative structure, notification guidelines, and the investigation and review processes (see S. 2380), S1834 [7MR]

———add Director of National Intelligence, strengthen consideration of national security concerns over foreign acquisitions, and require increased transparency (see S. 2335), S1539 [28FE]

Defense Production Act: prohibit acquisitions, mergers, or takeovers by certain entities that do not recognize U.N. member states, participate in boycotts against U.S. allies, or provide support for international terrorism (see H.R. 4885), H644 [7MR]

———require notification to Congress after receipt of written notification of proposed or pending mergers, acquisitions, or takeovers subject to investigation (see H.R. 4917), H866 [9MR]

———strengthen Government review and oversight of foreign investment in the U.S. and provide for enhanced congressional oversight (see S. 3549), S6283 [21JN]

———strengthen requirements relative to assessing national security impact of foreign ownership of critical U.S. infrastructure (see H.R. 4820), H450 [28FE]

GAO: conduct a study on the extent to which security operations at U.S. seaports are managed by nationals of foreign countries and other related matters (see H.R. 4978), H1128 [16MR]

Immigration: exclude from admission aliens who have made investments directly and significantly contributed to the enhancement or ability of Cuba to develop its petroleum resources (see S. 2682), S3704 [27AP] (see S. 2795), S4469 [11MY] (see H.R. 5292), H2173 [4MY]

National security: disapprove Committee on Foreign Investment in the U.S. review of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company (see S.J. Res. 32), S1505 [27FE] (see H.J. Res. 79), H450 [28FE]

———enhance effectiveness of the investigations of certain mergers, acquisitions, and takeovers for national security implications (see H.R. 4929), H867 [9MR]

———ensure while promoting foreign investment and job creation, reform examination process for such investments, and establish Committee on Foreign Investment in the U.S. (see H.R. 5337), H2501 [10MY]

———establish requirements for ownership, management, and operation of critical infrastructure (see H.R. 4881), H644 [7MR]

———implement certain recommendations relative to review of certain mergers, acquisitions, or takeovers by or with any foreign person (see H.R. 4915), H866 [9MR]

———improve national security and clarify congressional intent relative to the review process for certain mergers and acquisitions (see H.R. 4813), H449 [28FE]

———limit foreign control of investments in certain U.S. critical infrastructure (see S. 2374), S1790 [6MR] (see S. 2410), S2122 [14MR] (see H.R. 4959), H972 [14MR]

———moratorium on certain contracts to conduct port operations (see H.R. 4977), H1128 [16MR]

———prohibit entities owned or controlled by foreign governments from carrying out operations at seaports in the U.S. (see H.R. 4817), H450 [28FE] (see H.R. 4839), H508 [1MR]

———prohibit foreign government-owned companies from leasing or controlling property at U.S. ports and require increased transparency relative to existing or proposed port contracts (see S. 2334), S1539 [28FE] (see H.R. 4842), H508 [1MR]

———prohibit merger, acquisition, or takeover of Peninsular and Oriental Steam Navigation Co., by Dubai Ports World (company) (see S. 2341), S1540 [28FE]

———provide a Federal cause of action for port operators relative to the potential change of ownership of a terminal operator to a foreign entity (see S. 2367), S1680 [3MR]

———require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company (see S. 2333), S1504 [27FE] (see H.R. 4807), H449 [28FE]

———require the President or the Committee on Foreign Investment in the U.S. to submit reports on national security related investigations and to address mandatory investigations by such committee (see S. 2442), S2313 [16MR]

———suspend all proposed mergers, acquisitions, or takeovers by foreign persons until certain determinations are made (see H.R. 4814), H449 [28FE]

———transfer authority to review certain mergers, acquisitions, and takeovers of U.S. entities by foreign entities to a designee established within the Dept. of Homeland Security (see S. 2400), S2027 [13MR]

Political campaigns: prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations (see H.R. 4692), H154 [1FE]

Letters

Foreign Investment Security Improvement Act: several Senators, S2117 [14MR]

Port Security—Federal Agendas vs. Terminal Operators Responsibilities: James P. Fox, Port Authority of New York & New Jersey, S1933 [9MR]

Require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company: Representative Kaptur, H470 [1MR]

Remarks in House

Committee on Foreign Investment in the U.S.: strengthen the foreign investment review process, H1007 [15MR]

Defense Production Act: strengthen requirements relative to assessing national security impact of foreign ownership of critical U.S. infrastructure (H.R. 4820), E225 [28FE]

Dept. of Transportation: prohibit implementation of proposed rule relative to foreign investment in U.S. airlines, H3944-H3947 [14JN]

Developing countries: role of investors and stock markets from developing countries in the global economy, E1090 [9JN]

Foreign trade: impose limits on U.S. foreign debt, H617 [7MR], H1968 [2MY]

———enhance effectiveness of the investigations of certain mergers, acquisitions, and takeovers for national security implications, H982, H985-H987 [15MR]

———establish requirements for ownership, management, and operation of critical infrastructure, H798, H799, H802 [9MR]

———implement certain recommendations relative to review of certain mergers, acquisitions, or takeovers by or with any foreign person (H.R. 4915), E340 [9MR]

———limit foreign control of investments in certain U.S. critical infrastructure, H758 [8MR], H1122 [16MR]

———prohibit entities owned or controlled by foreign governments from carrying out operations at seaports in the U.S. (H.R. 4839), H1116 [16MR]

———prohibit foreign government-owned companies from leasing or controlling property at U.S. ports and require increased transparency relative to existing or proposed port contracts, H626 [7MR]

———require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company, H391, H392, H393, H396 [28FE], H467, H469, H474, H475, H493-H496 [1MR], H513, H540, H543, H561 [2MR], H624-H626 [7MR], H758, H773 [8MR], H848 [9MR], E245 [1MR], E259 [2MR]

———require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company (H.R. 4807), H474 [1MR], H525-H528 [2MR], E233-E235 [28FE]

Political campaigns: prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations (H.R. 4692), H302 [15FE]

Public debt: debt held by foreigners, H3774, H3775 [12JN], H4212 [19JN], H4391, H4394 [21JN], H4506 [22JN], H4954 [10JY], H5115, H5116 [12JY]

Remarks in Senate

———reform, S3372 [7AP]

———exclude from admission aliens who have made investments directly and significantly contributed to the enhancement or ability of Cuba to develop its petroleum resources (S. 2795), S4508 [12MY]

———limit foreign control of investments in certain U.S. critical infrastructure (S. 2374), S1797 [6MR]

———prohibit any company owned or controlled by a foreign government that recognized the Taliban from owning, leasing, operating, or managing property or facilities at a U.S. port, S1926-S1946 [9MR]

———prohibit merger, acquisition, or takeover of Peninsular and Oriental Steam Navigation Co., by Dubai Ports World (company) (S. 2341), S1548-S1550 [28FE], S1672-S1674 [3MR]

———provide a Federal cause of action for port operators relative to the potential change of ownership of a terminal operator to a foreign entity (S. 2367), S1680 [3MR]

———require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company, S1489, S1492, S1494 [27FE], S2439 [28MR]

———require an investigation of proposal to transfer management of certain U.S. ports to a United Arab Emirates state-owned company (S. 2333), S1492, S1493, S1506 [27FE], S2117 [14MR]

Public debt: debt held by foreigners, S7303 [11JY]

———require a study on debt held by foreigners, S2193 [15MR], S2234 [16MR]

Taxation: encourage investing of foreign earnings within the U.S. for productive business purposes, S1860 [8MR]

———prevent corporations from avoiding the U.S. income tax by reincorporating in a foreign country, S407-S410 [1FE], S474-S476, S479-S482 [2FE], S2004-S2006 [13MR], S2155, S2182 [15MR]

———repeal tax deferral on income of controlled foreign corporations attributable to imported property, S407-S410 [1FE], S474-S476, S479-S482 [2FE], S2004-S2006 [13MR]

U.S.-Oman Free Trade Agreement: prohibit foreign government-owned companies from leasing or controlling property at U.S. ports and require increased transparency relative to existing or proposed port contracts, S6750 [29JN]

Reports filed

Foreign Investment and National Security Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 3549) (S. Rept. 109-264), S6281 [21JN]

Reform of National Security Reviews of Foreign Direct Investments Act: Committee on Financial Services (House) (H.R. 5337) (H. Rept. 109-523), H4519 [22JN]

Texts of

S. 2333, Foreign Investment Security Improvement Act, S1507 [27FE]

S. 2334, Port Security Act, S1542 [28FE]

S. 2367, Local Port Security Act, S1681 [3MR]

S. 2374, Foreign Investment Transparency and Security Act, S1797 [6MR]

S. 2380, U.S. National Security Protection Act, S1837 [7MR]

S. 2400, transfer authority to review certain mergers, acquisitions, and takeovers of U.S. entities by foreign entities to a designee established within the Dept. of Homeland Security, S2030 [13MR]

S. 2410, Foreign Investment Transparency and Security Act, S2125 [14MR]

S. 2682, exclude from admission aliens who have made investments directly and significantly contributed to the enhancement or ability of Cuba to develop its petroleum resources, S3718 [27AP]