HR 15487 · 93th Congress · Foreign Trade and International Finance
Foreign Investment Study Act
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Measure laid on table in House, S. 2840 passed in lieu.(1974-08-21)
Recorded Votes
PassedHouse · 1974-08-21
Yea 324Nay 29
PassedHouse · 1974-08-21
Yea 324Nay 29
Plain Language Summary
[AI summary unavailable — showing source text]
Foreign Investment Study Act - Directs the Secretary of the Treasury and the Secretary of Commerce to conduct a comprehensive, overall study of foreign direct and portfolio investments in the United States. Authorizes the Secretary of Commerce to carry out that part of the study relating to foreign direct investment, and to specifically: (1) investigate and review the nature, scope, magnitude, and rate of foreign direct investment activities in the United States; (2) survey the reasons foreign firms are undertaking direct investment in the United States; and (3) identify the processes and mechanisms through which foreign direct investment flows into the United States, the financing methods used by foreign direct investors, and the effects of such financing on American financial markets. Authorizes the Secretary of the Treasury to carry out that part of the study relating to foreign portfolio investment, and to specifically: (1) investigate and review the nature, scope, and magnitude of foreign portfolio investment activities in the United States; (2) survey the reasons for foreign portfolio investment in the United States; and (3) identify the processes and mechanisms through which…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
6 Democrats5 Republicans