Prohibits: (1) a foreign person from holding interests in a national landmark representing more than 50 percent of the value of it; and (2) the Secretary of the Interior from transferring any U.S. right, title, or interest in or to an area of land or water included in the National Park System if, as a result of the transfer, such right, title, or interest would be held directly or indirectly by a foreign person.
Requires a foreign person to register an investment with the Chairman of a corporation if such investment results in them becoming a five percent shareholder in such corporation that directly or indirectly holds a national landmark. Applies a similar rule to interests in any entity other than a corporation.
Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
Introduced in House
Introduced in House
Referred to the House Committee on Interior and Insular Affairs.
Referred to the Subcommittee on National Parks and Public Lands.
Executive Comment Requested from Interior.
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