Foreign Investment Control Act

[AI summary unavailable — showing source text] Foreign Investment Control Act - Establishes a National Foreign Investment Control Commission to prohibit or restrict foreign persons from acquiring securities of domestic issuers of securities deemed vital to the economic security and national defense of the United States. Specifies the duties, powers, and composition of the Commission. States that, within 180 days after the date of enactment of this Act, and at the end of each six-month period thereafter, the Commission shall determine and notify each issuer which is substantially involved in any area essential to the United States national security or economic security, and each issuer which is substantially involved in any area important to the United States National security or economic security, as defined and described in this Act. Requires the Commission to publish in the Federal Register the names of all issuers so determined under this Act. Requires each such issuer to submit to the Commission (within sixty days after receiving notification from the Commission) the names and nationalities of all individuals not citizens of the United States, and the names of all persons other than individuals, who own voting securities of…