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United States · Bill · HR

H.R. 942 (98th)

Foreign Investors Limitation Act

referredUnited States· United States Congress· EN

Introduced

25 January 1983

Last action

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Status

Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.

Sponsors

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Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Foreign Investors Limitation Act - Amends the Securities Exchange Act of 1934 to require the Securities Exchange Commission (the SEC) to prohibit persons who are not U.S. citizens, or who are controlled by non-U.S. citizens, from acquiring more than either five percent of any registered voting securities or more than 35 percent of any registered nonvoting securities. Prohibits non-citizens, or persons controlled by non-citizens, from acquiring any more registered securities if they own more than the specified percentages of such securities as of the enactment of this Act. Requires the SEC to provide for the registration of such non-citizens before such persons may acquire any registered securities.

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Documents

1 official file

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