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Official portrait of Sen. Morgan, Robert B. [D-NC]

Sen. Morgan, Robert B. [D-NC]

United States · Official source

Records

355 records where Sen. Morgan, Robert B. [D-NC] is listed as a sponsor, author, or other actor. Search with topics and years

Resolution· SCONRESS.Con.Res. 73 (94th)referred

Resolution relating to the United Nations and Zionism.

United States · United States Congress · 11 November 1975

Condemns the resolution adopted by the General Assembly of the United Nations which equates Zionism with racism. Opposes participation by the United States Government in the Decade for Action to Combat Racism and Racial Discrimination. Calls for reconsideration of the Zionism resolution. Directs the Committee on International Relations and the Committee on Foreign Relations to begin hearings immediately to reassess the United States' further participation in the United Nations General Assembly.

Bill· SS. 2633 (94th)referred

A bill to amend the National School Lunch Act to require that free lunches be served to all children in schools participating in the school lunch program under such act, to amend the Child Nutrition Act of 1966 for the purpose of terminating the school breakfast program.

United States · United States Congress · 6 November 1975

Requires that free lunches be served to all children in schools participating in the school lunch program under the National School Lunch Act. Terminates the school breakfast program under the Child Nutrition Act.

Bill· SS. 2613 (94th)referred

A bill to amend the Small Business Investment Act of 1958, to change the title and duties of the Associate Administrator for Finance and Investment of the Small Business Administration.

United States · United States Congress · 4 November 1975

Changes the title of the Associate Administrator for Finance and Investment of the Small Business Administration to the Associate Administrator for Investment and provides that he shall devote his full time exclusively as head of the Small Business Investment Division. Increases the authority of the Associate Administrator with respect to rendering financial assistance to small business investment companies. Places limits on the amount of financing which shall be available to small businesses, such limitations to be based on the private paid-in capital and paid-in surplus of such business.

Bill· SS. 2598 (94th)referred

Dairy and Meat Import Inspection and Identification Act

United States · United States Congress · 30 October 1975

Dairy and Meat Import Inspection and Identification Act - Establishes labeling and sanitation requirements for imported meat and dairy products. Title I: Dairy Products - Defines terms as used in this title. Directs that no dairy products shall be imported into the United States unless the Secretary of Agriculture first certifies that such products are wholesome and pure. Requires the Secretary to establish standards comparable to standards imposed upon domestic dairy products. Provides that such imports must comply with United States packaging and labeling requirements. Requires that the package or container of any food product made in whole or in part of imported dairy products shall be labeled "imported" or "imported in part". Establishes criminal penalties for violation of the requirements of this Act. Title II: Meat and Meat Products - Imposes the same labeling requirements on meat products as those imposed by title I of this Act. Requires that such products meet the same health standards as imposed upon domestically produced meats. Requires that inspectors employed by the Department of Agriculture supervise the testing of imported meats. Directs that periodic tests of imported meats shall be conducted in the United States by the Department of Agriculture.

Bill· SS. 2524 (94th)referred

A bill to amend section 141 of title 10, United States Code, to require that the Secretaries of the military departments be kept fully and currently informed regarding matters considered and acted upon by the Joint Chiefs of Staff.

United States · United States Congress · 20 October 1975

Requires that the Secretaries of the military departments be kept fully and currently informed regarding matters considered and acted upon by the Joint Chiefs of Staff. (Amends 10 U.S.C. 141)

Law· SS. 2498 (94th)open

An Act to amend the Small Business Act and Small Business Investment Act of 1958 to provide additional assistance under such Acts, to create a pollution control financing program for small business, and for other purposes.

United States · United States Congress · 8 October 1975

Small Business Export Development Act - Title I: Establishes in the Small Business Administration the Office of Export Development to be headed by an Associate Administrator for Export Development. Directs the Office to assist and counsel small business concerns which are interested in undertaking or expanding export activities by: (1) providing technical assistance and advice to assist them in carrying out export activities; (2) surveying and identifying small businesses which possess undeveloped export potential and which are interested in joining with other small businesses in United States export associations; and (3) obtaining operating and other business information in order to provide assistance and advice on identifying products which have export potential, the combination of products for efficient exportation, and the development of export markets. Transfers all authorities and functions of the Small Business Administration with respect to disaster loans under the Small Business Act for the repair, rehabilitation, or replacement of real or personal property (other than real or personal property owned by business concerns) to the Secretary of Housing and Urban Development. Authorizes the Administration to guarantee the payment of amounts due under qualified contracts for pollution control facilities to small business concerns determined to be at a financial disadvantage with respect to installing such facilities. Provides for the expansion of small business investment company leverage, guarantees, and licensing of noncorporate small business investment companies. Repeals the 50-percent limitation on bank investment in small business investment companies. Authorizes the making of loans under the Small Business Investment Act for plant acquisition. Increases loan limits for Economic Opportunity programs, local development companies, and regular business loans under the Small Business Act. Title II: National Commission On Small Business In America - Establishes the National Commission on Small Business in America to study the role of small business in the American economy and to analyze the effectiveness of Federal subsidy and assistance programs in promoting small business. Requires the Commission to report its findings within two years of enactment of this Act. Authorizes appropriations necessary to carry out the provisions of this Act.

Bill· SS. 2487 (94th)referred

A bill to amend section 1673 (c) of title 38, United States Code, to permit under certain circumstances, the payment of an educational assistance allowance to an eligible veteran who pursues a bar review course conducted by telephone or closed circuit television.

United States · United States Congress · 7 October 1975

Permits the payment of an educational assistance allowance to an eligible veteran who pursues a bar review course conducted by telephone or closed circuit television if his attendance at such sessions is checked and certified by the Veterans' Administration. (Amends 38 U.S.C. 1673(c))

Bill· SS. 2488 (94th)referred

A bill to amend the National School Lunch Act to require that free lunch be served to all children in schools participating in the school lunch program under such Act.

United States · United States Congress · 7 October 1975

Revises the National School Lunch Act to require that free lunches be served to all children in schools participating in the school lunch program under such Act. Requires the Secretary of Agriculture to submit a report to Congress within 60 days, outlining plans for the implementation of this Act.

Resolution· SRESS.Res. 269 (94th)passed

A resolution relating to U.S. grain exports to the Soviet Union.

United States · United States Congress · 29 September 1975

Expresses the sense of the Senate that, during negotiations on a multiyear agreement with the Soviet Union for the purchase of American grain, the President should negotiate for the sale of Soviet oil to the United States.

Bill· SS. 2394 (94th)referred

A bill to amend the Internal Revenue Code of 1954 to increase the amount of the estate tax exemption, to provide that certain farm land included in the gross estate be valued according to its use as farm land.

United States · United States Congress · 23 September 1975

Increases the amount of the estate tax exemption under the Internal Revenue Code from $60,000 to $150,000. Provides that farmland included in the gross estate be valued according to its use as farmland.

Bill· SS. 2369 (94th)referred

A bill to amend the Food Stamp Act of 1964 by revising the eligibility requirements for participation in the program and increasing the overall efficiency of the program administration through the imposition of a national income formula.

United States · United States Congress · 17 September 1975

Revises the eligibility requirements for participation in the food stamp program by requiring that such standards prescribe schedules specifying the amount to be paid by households of different sizes on the basis of the net income and assets fo each such household. Requires that such income and assets be adjusted semiannually to reflect any changes in cost of living during the preceding six-month period. Authorizes a standard deduction of $120 in determining eligibility, plus an additional deduction of $60 in the case of any household with one or more persons sixty years of age or older. Directs the Secretary of Health, Education, and Welfare to prescribe a single form for eligibility certification of participants in the food stamp program, the supplemental security income program, the aid to families with dependent children program, and the old age, survivors, and disability insurance program under the Social Security Act. Requires the Secretary of Agriculture and the Secretary of Health, Education, and Welfare to cooperatively formulate a proposal for a cooperative nutritional status monitoring system, and submit recommendations for such legislation as may be necessary to carry out such proposal. Directs the Secretary of Agriculture to carry out experimental simplified eligibility certification procedures and to establish a realistic set of goals to improve quality control and administrative efficiency under this Act. Specifies that each State must develop and submit to the Secretary a State quality control plan which shall specify the actions such State proposes to take in order to meet the error tolerance goals established by the Secretary. Authorizes the Secretary to withhold funds from States which fail to carry out the quality control plan approved for such State. Requires the Secretary to prepare and submit to the Congress annually an evaluation plan and a report on the food stamp program.

Law· SS. 2327 (94th)open

Real Estate Settlement Procedures Act Amendments of 1975

United States · United States Congress · 10 September 1975

Suspends various provisions of the Real Estate Settlement Procedures Act relating to development of a standard form for the statement of settlement costs in all transactions involving federally related mortgage loans; requiring advance disclosure of settlement costs to prospective borrowers; and requiring the disclosure of the previous selling price of existing real property.

Resolution· SRESS.Res. 214 (94th)passed

Resolution to express concern over attempts to expel Israel from the United Nations.

United States · United States Congress · 17 July 1975

Expresses the disapproval of the United States Senate of attempts to expel Israel for the United Nations. States that if Israel is expelled the Senate will review United States commitments to the Third World nations involved in the expulsion and will consider the implication of continued membership in the United Nations.

Bill· SS. 2104 (94th)referred

National Commission on Small Business in America Act

United States · United States Congress · 15 July 1975

National Commission on Small Business in America Act - Establishes the National Commission on Small Business in America. Makes it the function of the Commission to study the effects of Federal programs and policies on small businesses, and make periodic recommendations and reports. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act.

Bill· SS. 1952 (94th)referred

Small Business Export Development Act

United States · United States Congress · 17 June 1975

Small Business Export Development Act - Establishes within the Small Business Administration an office of Export Development to encourage and assist small businesses interested in understanding or increasing export activities. Authorizes to be appropriated such sums as are necessary to establish such office. Requires the Export-Import Bank to provide at least $5,000,000 worth of loans, guarantees, or insurance to finance exports by small business concerns. Transfers existing SBA functions relating to disaster loans to the Secretaries of Commerce, Agriculture, and Housing and Urban Development. Provides that whenever the SBA determines that small business concerns are or are likely to be at an operational or financing disadvantage with other business concerns with respect to the planning, design, or installation of pollution control facilities, or the obtaining of private financing therefor, it may guarantee the payment of rentals or other amounts due under qualified contracts, and any such guarantee shall be for the full amount of the payments due under such qualified contract.

Bill· SS. 1925 (94th)referred

A bill to amend the Internal Revenue Code of 1954 to provide assistance to taxpayers.

United States · United States Congress · 12 June 1975

Establishes within the Internal Revenue Service a Division for Taxpayer Assistance to investigate taxpayer complaints and criticisms. Requires the Internal Revenue Service to publish and distribute with every return form furnished to a taxpayer an outline of criteria used to select returns for audit and the procedures relevant to assessments and collections arising out of an audit for a taxpayer's return.

Bill· SS. 1900 (94th)referred

Consumer Leasing Act

United States · United States Congress · 9 June 1975

Consumer Leasing Act - Declares it the purpose of this Act to assure a meaningful disclosure of the terms of leases of personal property so as to enable the lessee to compare more readily the various lease and credit terms available to him, to limit balloon payments, and to assure meaningful and accurate disclosures of lease terms in advertisements. Requires, under the Truth in Lending Act, the lessor of personal property to give to the lessee, prior to the consummation of the lease, a dated written statement on which the lessor and lessee are identified setting out in a clear conspicuous manner the terms of the lease, as specified by this Act. Imposes specified limitations upon consumer lease advertising. Makes a lessor who violates the provisions of this Act civilly liable to the lessee. Enumerates damage limitations and defenses for the lessor.

Resolution· SCONRESS.Con.Res. 46 (94th)referred

A concurrent resolution relating to nondiscrimination on the basis of sex.

United States · United States Congress · 5 June 1975

Disapproves specified regulations of the Department of Health, Education, and Welfare relating to nondiscrimination on the basis of sex in education programs and activities receiving or benefiting from Federal financial assistance.

Bill· SS. 1839 (94th)referred

Small Business Act Amendments

United States · United States Congress · 2 June 1975

Small Business Act Amendments - Increases the total amount of loans, guarantees, and other obligations or commitments made by the Small Business Administration for specified programs under the Small Business Act and the Small Business Investment Act which may be outstanding at any one time. Increases the amount which may be appropriated to the revolving fund for surety bond guarantees under the Small Business Investment Act. Preempts State usury laws to allow a Small Business Investment Company to make loans at an interest rate higher than that prescribed by such State laws.

Bill· SS. 1776 (94th)passed

A bill to authorize the Secretary of the Interior to establish the Valley Forge National Historical Park in the Commonwealth of Pennsylvania.

United States · United States Congress · 20 May 1975

Authorizes the Secretary of the Interior to establish the Valley Forge National Historical Park in the Commonwealth of Pennsylvania. Stipulates that such park is not to exceed 3,500 acres. Authorizes to be appropriated such sums as necessary to carry out the provisions of this Act.

Bill· SS. 1625 (94th)referred

A bill to extend and revise the State and Local Fiscal Assistance Act of 1972.

United States · United States Congress · 1 May 1975

Permits the Secretary of the Treasury under the State and Local Fiscal Assistance Act to withhold a percentage of the total entitlement payment for any period to insure sufficient funds for final allocation of funds among the State and local units of government. Appropriates to the State and Local Government Fiscal Assistance Trust Fund: (1) $1,625,000,000 for fiscal year 1976; (2) $6,687,500,000 for fiscal year 1977; (3) $6,837,500,000 for fiscal year 1978; (4) $6,987,500,000 for fiscal year 1979; (5) $7,137,500,000 for fiscal year 1980; and (6) $7,287,500,000 for fiscal year 1981. Appropriates to the Fund as noncontiguous States adjustment: (1) $1,195,000 for fiscal year 1976; and (2) $4,780,000 for each of the fiscal years 1976 through 1981. Exempts amounts appropriated to the Fund from the provisions of the Congressional Budget Act. Directs the Secretary of the Treasury to submit a report with appropriate recommendations to the Congress no later than September 30, 1980, concerning the extension of such Act. Declares that if the entitlement of any Indian tribe or Alaskan native village is waived for any entitlement period, then the amount of such entitlement shall become part of the entitlement of the county government of the county in which such unit is located. Directs each State and local unit of government which receives funds under such Act to submit a report to the Secretary after the close of each entitlement period on the use of the funds received. Directs each unit of local government which expects to receive funds to submit a report to the Secretary on how it plans to use the funds it expects to receive. Empowers the Secretary whenever he determines that a unit of government has failed to comply with an applicable regulation to withhold all or a portion of the entitlement funds due such unit of government, to terminate the eligibility of such unit of government, and to require repayment of the entitlement funds expended. Requires units of government to provide an opportunity for citizens to give recommendations and views on the proposed expenditures of all funds distributed under such Act within such unit.

Bill· SS. 1618 (94th)referred

American Folklife Preservation Act

United States · United States Congress · 1 May 1975

American Folklife Preservation Act - Creates an American Folklife Center in the Library of Congress. Provides that the center shall be subject to the supervision and direction of a board of trustees. Specifies the composition of the board, including: four members appointed by the President, and seven members appointed by the Librarian of Congress. Directs the Librarian to appoint a Director of the Center. Authorizes the Center to establish and implement a program of contracts, grants, loans and scholarships to promote and support American folklife traditions and arts. Provides that no payment shall be made pursuant to this Act to carry out any research or training over a period in excess of two years, with specified exceptions. Provides that no former employee of the Federal government shall be eligible to receive any grant or other assistance under this Act in the two year period following the termination of such employment. Requires the Center to submit to the Librarian of Congress, for inclusion in his annual report to the Congress, an annual report of its operations under this Act. Authorizes to be appropriated to the Center to carry out the provisions of this Act $167,750 for fiscal year 1976, $710,000 for fiscal year 1977, and $1,716,000 for fiscal year 1978.

Bill· SS. 1598 (94th)referred

A bill to amend the Omnibus Crime Control and Safe Streets Act of 1968 to provide for an improved method of selection of the State planning agency.

United States · United States Congress · 29 April 1975

Provides under the Omnibus Crime Control and Safe Streets Act that the State planning agency shall be created or designated by the chief executive of the State, except that the legislature of any State may transfer the direction and control of such State to the attorney general of the State or any other constitutional officer.

Bill· SS. 1493 (94th)referred

A bill to amend title II of the Social Security Act to increase to $3,600 the annual amount which individuals may earn without suffering deductions from their social security benefits on account of excess earnings.

United States · United States Congress · 21 April 1975

Increases to $3,600 the annual amount which individuals may earn without suffering deductions from their social security benefits on account of excess earnings under title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act.

Bill· SS. 1379 (94th)referred

Solar Tax Incentives Act

United States · United States Congress · 8 April 1975

Solar Tax Incentives Act - Allows, under the Internal Revenue Code, as a credit against the income tax an amount equal to the ordinary and necessary expenses paid during the taxable year for the application of solar energy to the principal residence and/or place of business through the installation of solar heating energy equipment. Limits such credit for residences to 25 percent of any qualified expense not to exceed $2,000 during January 1, 1975, to December 31, 1979, and 15 percent not to exceed $200 during January 1, 1980 through December 31, 1984. Limits such credit in commercial buildings to 12 percent of any qualified expense during January 1, 1975, and December 31, 1979, and 10 percent of any qualified expense during January 1, 1980, and December 31, 1984. Allows as deduction from gross income the amortization for the taxable year based on a period of 60 months for the solar energy equipment installed and capable of normal functioning.

Bill· SS. 1372 (94th)referred

A bill to amend section 218 of the Social Security Act to require that States having agreements entered into thereunder will continue to make social security payments and reports on a calendar-quarter basis.

United States · United States Congress · 8 April 1975

Requires that States having voluntary agreements for coverage of State and local employees entered into under title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act shall make social security payments and reports on a calendar-quarter basis.

Bill· SS. 1337 (94th)referred

A bill to amend the Small Business Act.

United States · United States Congress · 26 March 1975

Increases, under the Small Business Act, the total amount of loans, guarantees, and other obligations entered into by the Small Business Administration which may be outstanding at any one time.

Bill· SS. 1297 (94th)referred

A bill to amend the Omnibus Crime Control and Safe Streets Act of 1968 to provide for an improved method of selection of the State planning agency, and for other purposes.

United States · United States Congress · 21 March 1975

Provides, under the Omnibus Crime Control and Safe Streets Act, that State law enforcement planning agencies eligible for Federal grants shall be established by the State legislature or designated by a constitutional officer selected by the State legislature. Makes such agency subject to the jurisdiction of a constitutional officer selected by the legislature.

Bill· SS. 1216 (94th)referred

A bill to amend the Federal Water Pollution Control Act.

United States · United States Congress · 18 March 1975

Provides that any grant funds under the Federal Water Pollution Control Act which were withheld from allotment by Presidential direction for fiscal years 1973, 1974, and 1975 shall be alloted among the States by the Administrator of the Environmental Protection Agency in accordance with a specified formula. Revises the distribution of such allotments to the States for fiscal years beginning with 1976.

Bill· SS. 1198 (94th)referred

Home Purchase Cost Reduction Act

United States · United States Congress · 17 March 1975

Home Purchase Cost Reduction Act - Provides, under provisions of the Emergency Home Purchase Assistance Act of 1974 relating to interest rates on mortgages, that during the two-year period beginning on the date of enactment of this Act, the Federal National Mortgage Association shall purschase any mortgage which is otherwise eligible to be purchased under the National Housing Act and which: (1) involves an interest rate of 6 percent per year; and (2) was executed to finance the acquisition of newly constructed residential dwelling at a total cost not in excess of $30,000. Provides that the total amount of purchases pursuant to this Act may not exceed $20,000,000,000.

Bill· SS. 1136 (94th)referred

Antitrust Enforcement Authorization Act

United States · United States Congress · 11 March 1975

Antitrust Enforcement Authorization Act - States that it is the purpose of Congress in this Act to support and invigorate a national antitrust enforcement program authorizing sufficient appropriations to the Federal Trade Commission and the Department of Justice to permit vigorous and effective enforcement of the antitrust laws. Authorizes to be appropriated to both the Commission and the Justice Department, in addition to such sums as are authorized by any other provisions of law, sums not to exceed $25,000,000 for fiscal year 1976; not to exceed $6,250,000 for the transitional period ending September 30, 1976; not to exceed $35,000,000 for fiscal year 1977; and not to exceed $45,000,000 for fiscal year 1978, such sums to remain available until expended for the purposes authorized by this Act.

Bill· SS. 1009 (94th)referred

A bill to amend title 13 of the United States Code to require the compilation of current data on total population between censuses and to require the use of such current data in the administration of Federal laws in which population is a factor.

United States · United States Congress · 7 March 1975

Directs the Secretary of Commerce, during intervals between decennial censuses of population, to produce and publish for each State, county, and local unit of government with a population of 50,000 or more current data on total population. Authorizes the Secretary to make surveys on subjects (other than population) covered by the censuses provided for in this title. Requires that data most recently produced and published shall be used in the administration of any law of the United States in which population is used to determine the amount of benefit received by State and local units of general purpose government. Directs the Secretary and the Director of the Office of Management and Budget to jointly initiate the development of uniform methods and procedures in producing statistical information used in effecting the delivery of Federal benefits to State and local governments and report progress toward the development of such procedures not later than one year after enactment of this Act. Specifies that this Act does not limit the present authority of the Office of Management and Budget to develop statistical standards. (Amends 13 U.S.C. 181; Adds 13 U.S.C. 182, 183, 184)

Resolution· SRESS.Res. 97 (94th)referred

A resolution urging retention of undiluted U.S. sovereignty over the canal zone.

United States · United States Congress · 4 March 1975

Declares it to be the sense of the Senate that: (1) the Government of the United States should maintain and protect its sovereign rights and jurisdiction over the canal and zone, and should in no way cede, dilute, forfeit, negotiate, or transfer any of these sovereign rights, power, authority, jurisdiction, territory, or property that are indispensably necessary for the protection and security of the United States and the entire Western Hemisphere; (2) that there be no relinquishment or surrender of any presently vested United States soverign right, power, or authority or property, tangible or intangible, except by treaty authorized by the Congress and duly ratified by the United States; and (3) that there be no recession to Panama, or other divestitute of any United States owned peroperty, tangible or intangible, without prior authorization by the Congress (House and Senate), as provided in article IV, section 3, clause 2 of the United States Constitution.

Law· SS. 865 (94th)open

An Act to amend the Public Buildings Act of 1959 in order to preserve buildings of historical or architectural significance through their use for Federal public building purposes, and to amend the Act of August 12, 1968, relating to the accessibility of certain buildings to the physically handicapped.

United States · United States Congress · 27 February 1975

Public Buildings Cooperative Use Act - Directs the Administrator of General Services to (1) acquire and utilize space in suitable buildings of historic or architectural significance, (2) give preference to the purchase and use of space in other existing buildings, (3) encourage the location of commercial, cultural, educational, and recreational facilities and activities within or near public buildings, (4) provide facilities which encourage pedestrian traffic around, into, and through public buildings, and (5) encourage the public use of public buildings. Requires that whenever the Administrator undertakes a survey of the public buildings needs of the Federal Government within a geographical area, he shall contract with the Chairman of the National Trust for Historic Preservation to identify any existing buildings within such geographical areas which are of architectural or historical interest and which would be suitable, whether or not in need of repair, alteration, or addition, for acquisition or purchase to meet the public buildings needs of the Federal Government.

Bill· SS. 699 (94th)referred

A bill to permit Senators to use mobile offices in their home State.

United States · United States Congress · 17 February 1975

Authorizes, under the Legislative Branch Appropriations Act, each Senator to have one or more mobile offices in the State he represents. Specifies the formula for determining the maximum rental amount to be paid for such offices.

Resolution· SRESS.Res. 60 (94th)passed

A resolution authorizing additional assistants in the Senate.

United States · United States Congress · 5 February 1975

Authorizes each Senator serving on a committee to hire staff to assist him in his duties as a member of each committee on which such Senator serves. Allows each Senator serving as chairman of any subcommittee or ranking minority member of any subcommittee to hire staff to assist him in his duties. States that individuals so appointed shall be in addition to employees otherwise authorized.

Resolution· SRESS.Res. 59 (94th)passed

A resolution to aid in energy conservation.

United States · United States Congress · 5 February 1975

Requests the President to proclaim the period from February 16 to March 15, 1975, as "Energy Conservation Month". Directs the President to publicize the need for energy conservation. Requests the President to report to Congress by March 31, 1975, steps taken to promote energy conservation and recommendations for a continuing program. Directs the President to report monthly to the American people and Congress the state of energy resources.

Bill· SS. 425 (94th)referred

Foreign Investment Act

United States · United States Congress · 27 January 1975

Foreign Investment Act - Requires notification under the Securities Exchange Act of 1934 by foreign investors of proposed acquisitions of more than 5 percent of the equity securities of United States companies and, if the assets of such company exceed $1,000,000, requires that such notification be given at least 30 days before acquisition. Authorizes the President to prohibit any such acquisition as appropriate for the national security, to further the foreign policy, or to protect the domestic economy of the United States. Requires issuers of registered securities to maintain and file with the Securities and Exchange Commission a list of the names and nationalities of the beneficial owners of their equity securities. Confers on Federal district courts the jurisdiction to enjoin foreign investors, or to enforce compliance by such investors, with respect to the notification provisions of this Act.