Resolution to create a select committee to investigate and recommend national law and policy for foreign investments in the United States, its possessions and territories.

Creates a select committee composed of seven members of the House of Representatives appointed by the Speaker. Authorizes the committee to conduct investigations and recommend national law and policy for foreign investments in the United States, its possessions and territories.

Gives the committee powers necessary to carry out this resolution. Directs the committee to report to the House, during the present Congress, the results of its investigation and study with recommendations.