H.R.5337: National Security Foreign Investment Reform and Strengthened Transparency Act of 2006

About This Bill

Bill Sponsor

Bill Cosponsors

87 (38 Democrats, 50 Republicans)

Bill Summary

National Security Foreign Investment Reform and Strengthened Transparency Act of 2006 - Amends the Defense Production Act of 1950 (DPA) to revise the review and investigation process for foreign investment activities that may affect U.S. national security. (Sec. 2) Directs the President, upon receiving written notification of a possible merger, acquisition, or takeover which could result in foreign control of any person engaged in interstate...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5337.

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Energy and Commerce
Referred to House International Relations
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Subcommittee Hearings Held.
Subcommittee on Domestic and International Monetary Policy, Trade, and Technology Discharged.
Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman .
Ordered to be Reported (Amended) by the Yeas and Nays: 64 - 0.
Committee Consideration and Mark-up Session Held.
Reported (Amended) by the Committee on Financial Services. H. Rept. 109-523, Part I.
House Committee on Energy and Commerce Granted an extension for further consideration ending not later than July 17, 2006.
House Committee on International Relations Granted an extension for further consideration ending not later than July 17, 2006.
Subcommittee Hearings Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 109-523, Part II.
Committee on International Relations discharged.
Placed on the Union Calendar, Calendar No. 329.
Mr. Oxley moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 5337.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 424 - 0 (Roll no. 404).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 538.
May 10, 2006

Introduced in the House by Roy Blunt (R-Mo.)

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