A bill to regulate interstate and foreign commerce in order to provide early warning of plant closings and relocations of those locally affected.

Requires persons acquiring effective control of existing plants or business facilities to give notice to employees and the community of an intention to close or relocate such a plant or facility at least one year and one hundred eighty days prior to closing or relocating. Requires owners of plants or business facilities which have been in operation for ten years and employ 200 or more people to give such notice of a determination to close or relocate at least 180 days prior to closing or relocating.