A bill to ensure the security of United States ports, and for other purposes.
Port Security Act of 2006 - Amends the Defense Production Act of 1950 to prohibit a merger, acquisition, or takeover that will result in a foreign government-owned entity leasing, operating, managing, or owning real property or facilities at a U.S. port. Requires the President to: (1) report to Congress on the leasing, operating, managing, or owning of real property or facilities at U.S. ports by entities that are foreign government-owned; (2) provide notice to Congress and relevant public officials of the required mandatory investigation into whether a proposed merger, acquisition, or takeover could affect U.S. national security; and (3) provide for public comment with respect to such transactions.
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
House Committee on Homeland Security Granted an extension for further consideration ending not later than Dec. 8, 2006.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S1541-1542)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S1542-1543)
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