HR 4868 · 97th Congress · Commerce
International Joint Venture Act of 1981
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Commerce, Transportation and Tourism.(1981-11-05)
Plain Language Summary
[AI summary unavailable — showing source text]
International Joint Venture Act of 1981 - Declares that certain provisions of the Clayton Act and the Federal Trade Commission Act do not prohibit an individual or organization of the United States from participating in a joint venture which: (1) is composed of only such U.S. person and one or more foreign persons; (2) does not engage in any line of commerce in the United States in which such foreign person is already engaged; (3) is terminable by either party no later than ten years after it is formed; (4) provides for the exchange of technology; and (5) provides access to raw materials or to distribution, marketing, or manufacturing facilities.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
4 Democrats7 Republicans