HR 4903 · 106th Congress · Science, Technology, Communications
Foreign Government Investment Act of 2000
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Telecommunications, Trade, and Consumer Protection.(2000-08-02)
Plain Language Summary
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Foreign Government Investment Act of 2000 - Amends the Communications Act of 1934 to prohibit any broadcast license, permit, or operating authority from being granted to or held by a business organization or trust controlled by a foreign government. Prohibits the Federal Communications Commission from waiving the application of such prohibition. Considers an entity to be controlled by a foreign government if more than 25 percent of the ownership, voting rights, capital stock, or other pecuniary interest in that entity is owned, held, or controlled by such government.…
Summarized by Claude AI · Non-partisan · For informational purposes only