legislation: 93-s-4256

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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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-s-4256 93 s 4256 Foreign Investment Reporting Act Foreign Trade and International Finance 1974-12-19 1974-12-19 Referred to Senate Committee on Commerce. Senate Sen. Scott, Hugh [R-PA] PA R S000174 0 Foreign Investment Reporting Act - Defines the terms used in this Act. Directs the Secretary of Commerce to require, by order or regulation, quarterly reports from any foreign investor or his agent who acquires any interest in a domestic business, if that investor's aggregate interest in that business has a fair market value in excess of $10,000 or exceeds one-half of one percent of the outstanding marketable shares of such business. Prescribes the contents of such reports. Imposes a fine not to exceed $1,000 or imprisonment not to exceed one year, or both, for knowing violation of this Act or any regulation issued under this Act. Allows the Secretary to request the Attorney General to bring an action in United States district court to compel compliance with this Act. Empowers the court to issue a temporary restraining order or injunction to compel compliance, and to order the disposal of any investments made without compliance with this Act. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act. 2025-09-03T12:53:27Z  

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