Foreign Direct Investment and International Financial Data Improvements Act of 1990

Summary

Foreign Investment Policy Improvements Act - Requires the Secretary of Commerce to issue a report on foreign direct investment in the United States. Requires the General Accounting Office to submit to a specified congressional committee a report analyzing and making recommendations with respect to the Secretary's report. Requires the Bureau of Economic Analysis to use certain business information relating to foreign-owned businesses in the United States (ten percent or more of whose voting securities are owned by foreign persons) when implementing the International Investment and Trade in Services Survey Act. Requires the Bureau, in a specified report, to include information on international investment in property in the United States by foreign persons, with separate tables listing businesses (50 percent or more, and 50 percent or less, of whose voting securities are owned or controlled by foreign persons). Amends such Act to authorize and provide for the collection and use of information on direct investments owned or controlled directly or indirectly by foreign governments. Increases, and makes mandatory, the civil penalties for failure to provide information under such Act.

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Documents

5 official files

• Sponsor Change (text)

  Sponsor Change · EN

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• Introduced in House (text)

  Introduced in House · EN

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• Reported to House amended, Part II

  summary · EN · 17 October 1990

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• Reported to House amended, Part I

  summary · EN · 12 October 1990

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• Introduced in House

  summary · EN · 18 April 1990

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