S.J.Res. 32 · 109th Congress
A joint resolution disapproving the results of the review conducted by the Committee on Foreign Investment in…
Full title
A joint resolution disapproving the results of the review conducted by the Committee on Foreign Investment in the United States (CFIUS) into the purchase of Peninsular and Oriental Steam Navigation (P&O) by Dubai Ports World (DP World).
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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.
R
CollinsSponsorNo cosponsors.
Disapproves the Committee on Foreign Investment in the United States (CFIUS) review of the purchase by Dubai Ports World (DP World) of Peninsular and Oriental Steam Navigation (P&O) (which conducts operations at 21 U.S. ports, including leasing agreements for terminal operations in New York, Newark, Baltimore, New Orleans, Miami, and Philadelphia).
What it does: CRS summary · Introduced in Senate · Feb 27, 2006
Disapproves the Committee on Foreign Investment in the United States (CFIUS) review of the purchase by Dubai Ports World (DP World) of Peninsular and Oriental Steam Navigation (P&O) (which conducts operations at 21 U.S. ports, including leasing agreements for terminal operations in New York, Newark, Baltimore, New Orleans, Miami, and Philadelphia).
Directs CFIUS to: (1) withdraw its statement of no objection related to the purchase; and (2) conduct a 45-day investigation, pursuant to the Defense Production Act of 1950, in order to ensure that the purchase will not have an adverse effect on U.S. national security.
Directs CFIUS to brief Members of Congress on the findings of its investigation before the purchase is allowed to proceed.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A joint resolution disapproving the results of the review conducted by the Committee on Foreign Investment in the United States (CFIUS) into the purchase of Peninsular and Oriental Steam Navigation (P&O) by Dubai Ports World (DP World).
Latest action (Feb 27, 2006): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Feb 27, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.