legislation: 93-hr-16932

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
93-hr-16932 93 hr 16932 Foreign Investment Regulatory Commission Act Foreign Trade and International Finance 1974-09-30 1974-09-30 Referred to House Committee on Interstate and Foreign Commerce. House Rep. Gunter, Bill [D-FL-5] FL D G000528 0 Foreign Investment Regulatory Commission Act - Expresses the findings of Congress and declares the purposes of this Act, including to protect the national security and economy of the United States by regulating foreign investments. Establishes the Foreign Investment Regulatory Commission. Provides for control of foreign investment through specified requirements, including that: (1) no foreign investor may acquire any interest in any American business if after such acquisition one or more foreign investors have a controlling interest; and (2) no foreign investor may invest in any calendar year in one or more American businesses an amount which exceeds $100,000,000. Imposes criminal penalties for violations of this Act. Defines the terms used in this Act. Sets forth the membership composition of the Commission, provides for staff and consultants, and enumerates the powers of the Commission. 2025-09-03T12:50:00Z  

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