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United States · Law · S

S. 2840 (93rd)

Foreign Investment Study Act of 1974

openUnited States· United States Congress· EN

Introduced

20 December 1973

Last action

Status

Public law 93-479.

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Subjects

Discovery layer

Source updated

14 January 2025

Summary

Authorizes the Secretary of Commerce to: (1) collect information with respect to foreign direct and foreign portfolio investment activities in the United States; (2) conduct a program to determine the impact of foreign investment in the United States; (3) compare the policies of other nations relative to foreign direct investment; (4) study current Federal and State activities relative to foreign direct investment; and (5) evaluate the costs and benefits of alternative courses of action regarding foreign investment policies which may be feasible for the United States. Directs the Secretary to submit to the Congress an interim report one year after the enactment of the Act, and within two years, a complete report of the findings made under the program authorized by this Act, together with recommendations. Authorizes to be appropriated $1,000,000 for fiscal year 1974, and $1,000,000 for fiscal year 1975, to carry out the purposes of this Act.

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