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United States · Bill · S

S. 425 (94th)

Foreign Investment Act

referredUnited States· United States Congress· EN

Introduced

27 January 1975

Last action

27 January 1975 · Introduced

Status

Referred to Senate Committee on Banking, Housing and Urban Affairs.

Sponsors

Sen. Williams, Harrison A., Jr. [D-NJ], Sen. Sparkman, John J. [D-AL], Sen. Jackson, Henry M. [D-WA], Sen. Thurmond, Strom [R-SC], Sen. Laxalt, Paul D. [R-NV], Sen. Weicker, Lowell P., Jr. [R-CT], Sen. Leahy, Patrick J. [D-VT], Sen. Morgan, Robert B. [D-NC], Sen. Brooke, Edward W. [R-MA], Sen. Tunney, John V. [D-CA]

Subjects

Discovery layer

Source updated

2 September 2025

Official sourceView documentsShare

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 January 1975

    Introduced

    Referred to Senate Committee on Banking, Housing and Urban Affairs.

    Source: IntroReferral

  2. 27 January 1975

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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