S.2442: Safe Foreign Investments Act of 2006

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about congress
  • Introduced March 16, 2006
  • Latest Major Action March 16, 2006

Bill Summary

Safe Foreign Investments Act of 2006 - Amends the Defense Production Act of 1950 to direct the President or his designee, no later than seven days before the completion of an investigation of a proposed or pending merger, acquisition, or takeover (transaction) that could affect persons engaged in commerce in the United States or the national security, and before any such determination becomes effective, to submit to the congressional homeland...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 16, 2006

Introduced in the Senate by Richard J. Durbin (D-Ill.)

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