H.R. 4885 · 109th Congress
To amend the Defense Production Act of 1950 to prohibit acquisitions, mergers, or takeovers of persons…
Full title
To amend the Defense Production Act of 1950 to prohibit acquisitions, mergers, or takeovers of persons engaged in interstate commerce in the United States by entities controlled by or acting on behalf of foreign governments that do not recognize countries that are member states of the United Nations, participate in boycotts against countries that are friendly to the United States, or provide support for international terrorism.
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BerkleySponsorNo cosponsors.
Amends the Defense Production Act of 1950 to require the President to prohibit any acquisition, merger, or takeover that will result in control of a person engaged in interstate commerce in the United States by an entity controlled by or acting on behalf of a foreign government that: (1) does not recognize any country that is a member of the United Nations…
What it does: CRS summary · Introduced in House · Mar 7, 2006
Amends the Defense Production Act of 1950 to require the President to prohibit any acquisition, merger, or takeover that will result in control of a person engaged in interstate commerce in the United States by an entity controlled by or acting on behalf of a foreign government that: (1) does not recognize any country that is a member of the United Nations (U.N.); (2) takes any action to support any boycott against a country that is friendly to the United States and that is not itself the object of any form of boycott pursuant to U.S. law or regulation; or (3) the Secretary of State has determined is a government that has repeatedly provided support for acts of international terrorism.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Defense Production Act of 1950 to prohibit acquisitions, mergers, or takeovers of persons engaged in interstate commerce in the United States by entities controlled by or acting on behalf of foreign governments that do not recognize countries that are member states of the United Nations, participate in boycotts against countries that are friendly to the United States, or provide support for international terrorism.
Latest action (Apr 21, 2006): Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Mar 7, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.