S 2374 · 109th Congress · Foreign Trade and International Finance

Foreign Investment Transparency and Security Act of 2006

Introduced 2006-03-06· Sponsored by Sen. Coleman, Norm [R-MN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S1797)(2006-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Foreign Investment Transparency and Security Act of 2006 - Amends the Homeland Security Act of 2002 to permit a foreign government controlled entity to acquire, own, or otherwise control or manage any critical infrastructure of the United States only through the establishment or operation of a foreign owned general business corporation that has a board of directors, the majority of which is comprised of U.S. citizens, and a chief security officer who is a U.S. citizen.…

Summarized by Claude AI · Non-partisan · For informational purposes only