House
Apr 21, 2006

To amend the Defense Production Act of 1950 to prohibit acquisitions, mergers, or takeovers of persons engaged in interstate commerce in the United States by entities controlled by or acting on behalf of foreign governments that do not recognize countries that are member states of the United Nations, participate in boycotts against countries that are friendly to the United States, or provide support for international terrorism.

Summary

Official

Amends the Defense Production Act of 1950 to require the President to prohibit any acquisition, merger, or takeover that will result in control of a person engaged in interstate commerce in the United States by an entity controlled by or acting on behalf of a foreign government that: (1) does not recognize any country that is a member of the United Nations (U.N.); (2) takes any action to...

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Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(3/7/06)
Committee
Passed House
Passed Senate
President
Law

Sponsor

SB

Mr. BERKLEY

(D) NV – 1

Topics

Latest Action

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Apr 21, 2006

View Bill on Congress.gov