United States · Bill · HR
H.R. 3182 (96th)
Foreign Investors Limitation Act
Introduced
22 March 1979
Last action
—
Status
Referred to House Committee on Interstate and Foreign Commerce.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Foreign Investors Limitation Act - Amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission to prohibit foreign citizens and entities under their control from acquiring, directly or indirectly, more than five percent of the registered voting securities or 35 percent of the registered nonvoting securities of any issuer whose securities are registered under such Act. Prohibits foreign citizens whose holdings exceed such percentages from acquiring any more securities of such issuer. Directs the Commission to provide for the registration of securities acquisitions by foreign citizens.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 22 March 1979
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/house-bill/3182
- Open data entity: https://api.congress.gov/v3/bill/96/hr/3182