Foreign Investment Control Act - Directs the Secretary of Commerce to require the submission of quarterly reports by foreign investors who acquire more than a specified share of a domestic business after the date of enactment of this Act. Specifies the required content of such reports.
Sets forth conditions under which foreign investors may be required to divest themselves of domestic business interests.
Provides for criminal penalties for violation of this Act. Authorizes to be appropriated such sums as are necessary to carry out the provisions of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line