Foreign Investment Control Act

[AI summary unavailable — showing source text] Foreign Investment Control Act - Directs the Secretary of Commerce to require the submission of quarterly reports by foreign investors who acquire more than a specified share of a domestic business after the date of enactment of this Act. Specifies the required content of such reports. Sets forth conditions under which foreign investors may be required to divest themselves of domestic business interests. Provides for criminal penalties for violation of this Act. Authorizes to be appropriated such sums as are necessary to carry out the provisions of this Act.…