S.3549: Foreign Investment and National Security Act of 2006

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about congress
  • Introduced June 21, 2006
  • Latest Major Action Aug. 1, 2006

Bill Summary

Foreign Investment and National Security Act of 2006 - Amends the Defense Production Act of 1950 to revise provisions concerning presidential authority to review any mergers, acquisitions, or takeovers (transactions) that could result in foreign control of persons engaged in interstate commerce in the United States. Codifies the Committee on Foreign Investment in the United States (CFIUS) as a multi-agency committee, with the Secretary of the...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.3549.

Bill Actions

Date Description
Committee on Banking, Housing, and Urban Affairs ordered to be reported an original measure.
Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Shelby. With written report No. 109-264.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 474.
Measure laid before Senate by unanimous consent.
Passed Senate with an amendment by Unanimous Consent.
Received in the House.
Message on Senate action sent to the House.
Referred to the Committee on Financial Services, and in addition to the Committees on International Relations, and Energy and Commerce, 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 International Relations
Referred to House Energy and Commerce
Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman .
June 21, 2006

Introduced in the Senate by Richard C. Shelby (R-Ala.)

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