Amends the International Investment Survey Act of 1976 to require benchmark surveys of foreign direct investment in the United States covering calendar years 1980, 1987, and every fifth calendar year thereafter. Requires benchmark surveys of U.S. direct investment abroad covering calendar years 1982, 1989, and every fifth calendar year thereafter. Requires an annual compilation of currently available data on U.S. portfolio investment abroad.
Directs the Secretary of Commerce to report on the estimated cost of compiling data on legislation enacted by major U.S. trading partners and other foreign nations which regulates foreign inward investment in such nations. Deletes the requirement that the President report to Congress on any studies conducted pursuant to such Act. Authorizes appropriations to carry out such Act.
Introduced in Senate
Read second time and referred to Senate Committee on Commerce.
Committee on Commerce. Ordered to be reported without amendment favorably.
Committee on Commerce. Reported to Senate by Senator Packwood under the authority of the order of May 13, 81 favorably with an amendment. With written report No. 97-68.
Committee on Commerce. Reported to Senate by Senator Packwood under the authority of the order of May 13, 81 favorably with an amendment. With written report No. 97-68.
Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 94.
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.
Passed Senate with an amendment by Voice Vote.
Called up by House by Unanimous Consent.
Passed/agreed to in House: Passed House by Voice Vote.
Passed House by Voice Vote.
Measure Signed in Senate.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 97-33.
Became Public Law No: 97-33.
Enacted as Public Law 97-33
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