HR 17270 · 93th Congress · Foreign Trade and International Finance
Foreign Investment Disclosure Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Foreign Affairs.(1974-10-10)
Plain Language Summary
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Foreign Investment Disclosure Act - States that the purposes of this Act are to require foreign investors to make public disclosure of their identities and the nature and scope of their significant investment in the United States and to require the Secretary of State to provide analyses of trends in such investment. Directs the Secretary of State, by regulation, order, or otherwise, to establish and maintain procedures which require the maintenance of records and the submission of reports by foreign investors and by such other persons as the Secretary determines to be appropriate with respect to: (1) any foreign investment in a business concern whose stock is publicly traded on a national securities exchange or otherwise in the United States within enumerated limitations; (2) any foreign investment in a business concern whose stock is not publicly traded on a national securities exchange or otherwise in the United States with enumerated limitations; and (3) any foreign investment in property which is located in the United States and which the Secretary by regulation, on the basis of objective economic and other criteria, determines shall be subject to the recordkeeping and reportin…
Summarized by Claude AI · Non-partisan · For informational purposes only