HR 4807 · 109th Congress 2005–2007, ended

Foreign Investment Security Improvement Act of 2006

Introduced Feb 28, 2006 Originated House Sponsor Peter T. King R-NY

Fact sheet Spreadsheet

Latest action · Mar 21, 2006 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 28, 2006
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Foreign Investment Security Improvement Act of 2006 - Directs the President (or the President's designee) to investigate, under the Defense Production Act of 1950, the acquisition by Dubai Ports World (DP World), an entity owned or controlled by the Emirate of Dubai, of the Peninsular and Oriental (P&O) Steam Navigation Company, a national of the United Kingdom. Requires such investigation to be completed within 45 days after enactment of this Act.

Directs the President to suspend any decision, under provisions of the Defense Production Act of 1950 permitting the President to stop the acquisition because it will impair national security, with respect to such acquisition made before the completion of the investigation, including any decision made before enactment of this Act.

Specifies requirements for the investigation. Requires the Secretary of Homeland Security to provide information for the investigation, including: (1) relevant information on DP World from the Automated Targeting System maintained by U.S. Customs and Border Protection; and (2) port assessments at foreign seaports where DP World operates.

Requires the President to: (1) report to Congress within 15 days after completion of the investigation; and (2) provide certain Members of Congress a detailed briefing on the contents of the report.

Requires the President to take action necessary to prohibit the acquisition if the President does not stop the acquisition under the provisions of the Defense Production Act of 1950 permitting the President to stop the acquisition because it will impair national security if a joint resolution of disapproval is enacted into law within 30 days after Congress receives a report from the President that an acquisition will not be stopped. Requires, if such acquisition has been already been completed, the President to direct the Attorney General to seek divestment or other appropriate relief in US district courts.

Cosponsors 109

Members who signed on, in the order they did. Signatures ran from Feb 28, 2006 to Mar 15, 2006; 80 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-TXAl GreenOriginalFeb 28, 2006
D-MABarney FrankOriginalFeb 28, 2006
D-TNBart GordonOriginalFeb 28, 2006
D-MSBennie G. ThompsonOriginalFeb 28, 2006
D-NJBill Pascrell, Jr.OriginalFeb 28, 2006
R-LABobby JindalOriginalFeb 28, 2006
D-MDC. A. Dutch RuppersbergerOriginalFeb 28, 2006
D-NYCarolyn McCarthyOriginalFeb 28, 2006
D-MDChris Van HollenOriginalFeb 28, 2006
R-NJChristopher H. SmithOriginalFeb 28, 2006
R-CTChristopher ShaysOriginalFeb 28, 2006
R-PACurt WeldonOriginalFeb 28, 2006
D-ORDarlene HooleyOriginalFeb 28, 2006
R-WADavid G. ReichertOriginalFeb 28, 2006
D-FLDebbie Wasserman SchultzOriginalFeb 28, 2006
D-CADoris O. MatsuiOriginalFeb 28, 2006
D-NDEarl PomeroyOriginalFeb 28, 2006
D-MAEdward J. MarkeyOriginalFeb 28, 2006
D-MDElijah E. CummingsOriginalFeb 28, 2006
D-MOEmanuel CleaverOriginalFeb 28, 2006
R-NJFrank A. LoBiondoOriginalFeb 28, 2006
D-NJFrank Pallone, Jr.OriginalFeb 28, 2006
R-VAFrank R. WolfOriginalFeb 28, 2006
D-TXGene GreenOriginalFeb 28, 2006
R-FLGinny Brown-WaiteOriginalFeb 28, 2006
R-SCHenry E. Brown, Jr.OriginalFeb 28, 2006
D-MAJames P. McGovernOriginalFeb 28, 2006
D-RIJames R. LangevinOriginalFeb 28, 2006
D-CAJane HarmanOriginalFeb 28, 2006
R-NHJeb BradleyOriginalFeb 28, 2006
D-NYJerrold NadlerOriginalFeb 28, 2006
D-FLJim DavisOriginalFeb 28, 2006
R-NVJim GibbonsOriginalFeb 28, 2006
D-GAJim MarshallOriginalFeb 28, 2006
D-WAJim McDermottOriginalFeb 28, 2006
R-MNJim RamstadOriginalFeb 28, 2006
R-VAJo Ann DavisOriginalFeb 28, 2006
D-CTJohn B. LarsonOriginalFeb 28, 2006
D-GAJohn BarrowOriginalFeb 28, 2006
R-NYJohn E. SweeneyOriginalFeb 28, 2006
R-CAJohn T. DoolittleOriginalFeb 28, 2006
D-FLKendrick B. MeekOriginalFeb 28, 2006
D-IALeonard L. BoswellOriginalFeb 28, 2006
R-TXLouie GohmertOriginalFeb 28, 2006
R-GALynn A. WestmorelandOriginalFeb 28, 2006
D-ARMarion BerryOriginalFeb 28, 2006
R-INMark E. SouderOriginalFeb 28, 2006
R-FLMichael BilirakisOriginalFeb 28, 2006
D-MAMichael E. CapuanoOriginalFeb 28, 2006
D-MEMichael H. MichaudOriginalFeb 28, 2006
D-NYMichael R. McNultyOriginalFeb 28, 2006
R-TXMichael T. McCaulOriginalFeb 28, 2006
R-INMike PenceOriginalFeb 28, 2006
D-NYNita M. LoweyOriginalFeb 28, 2006
D-WANorman D. DicksOriginalFeb 28, 2006
D-RIPatrick J. KennedyOriginalFeb 28, 2006
R-OHPatrick J. TiberiOriginalFeb 28, 2006
D-ORPeter A. DeFazioOriginalFeb 28, 2006
R-CTRob SimmonsOriginalFeb 28, 2006
R-ALRobert B. AderholtOriginalFeb 28, 2006
R-OHRobert W. NeyOriginalFeb 28, 2006
D-CTRosa L. DeLauroOriginalFeb 28, 2006
D-NJRush HoltOriginalFeb 28, 2006
R-TXSam JohnsonOriginalFeb 28, 2006
R-NJScott GarrettOriginalFeb 28, 2006
D-TXSheila Jackson LeeOriginalFeb 28, 2006
D-OHSherrod BrownOriginalFeb 28, 2006
D-TXSolomon P. OrtizOriginalFeb 28, 2006
R-ALSpencer BachusOriginalFeb 28, 2006
D-SDStephanie Herseth SandlinOriginalFeb 28, 2006
D-MAStephen F. LynchOriginalFeb 28, 2006
R-IASteve KingOriginalFeb 28, 2006
D-NJSteven R. RothmanOriginalFeb 28, 2006
R-MIThaddeus G. McCotterOriginalFeb 28, 2006
R-COThomas G. TancredoOriginalFeb 28, 2006
R-NYThomas M. ReynoldsOriginalFeb 28, 2006
R-PATodd Russell PlattsOriginalFeb 28, 2006
R-OKTom ColeOriginalFeb 28, 2006
D-CATom LantosOriginalFeb 28, 2006
D-NMTom UdallOriginalFeb 28, 2006
D-NYBrian HigginsMar 1, 2006
D-NYCarolyn B. MaloneyMar 1, 2006
R-NMHeather WilsonMar 1, 2006
R-FLIleana Ros-LehtinenMar 1, 2006
R-NYJohn R. "Randy" Kuhl Jr.Mar 1, 2006
R-COMarilyn N. MusgraveMar 1, 2006
R-WVShelley Moore CapitoMar 1, 2006
D-MIDale E. KildeeMar 2, 2006
D-OKDan BorenMar 2, 2006
R-MIDave CampMar 2, 2006
D-DCEleanor Holmes NortonMar 2, 2006
D-SCJohn M. Spratt, Jr.Mar 2, 2006
D-NYLouise McIntosh SlaughterMar 2, 2006
R-FLMark FoleyMar 2, 2006
D-MAMartin T. MeehanMar 2, 2006
D-MARichard E. NealMar 2, 2006
D-NYAnthony D. WeinerMar 7, 2006
D-KSDennis MooreMar 7, 2006
R-NYJames T. WalshMar 7, 2006
D-COMark UdallMar 7, 2006
R-MIMike RogersMar 7, 2006
D-NYNydia M. VelázquezMar 7, 2006
R-PAPhil EnglishMar 7, 2006
R-AZRick RenziMar 7, 2006
R-NCWalter B. JonesMar 7, 2006
R-TNZach WampMar 7, 2006
R-KYRon LewisMar 8, 2006
D-NVShelley BerkleyMar 8, 2006
D-MIJohn Conyers, Jr.Mar 15, 2006

Committees 4

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Feb 28, 2006
Domestic Monetary Policy and Technology Subcommittee
Referred Mar 21, 2006
HouseEnergy and Commerce Committee
Referred Feb 28, 2006
Commerce, Manufacturing, and Trade Subcommittee
Referred Mar 17, 2006
HouseForeign Affairs Committee
Referred Feb 28, 2006
HouseHomeland Security Committee
Referred Feb 28, 2006

Actions 5

Everything that happened, newest first.

  1. Mar 21, 2006Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
  2. Mar 17, 2006Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman.
  3. Feb 28, 2006Introduced in House
  4. Feb 28, 2006Sponsor introductory remarks on measure. (CR E233-235)
  5. Feb 28, 2006Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, International Relations, and Homeland Security, 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.

In the Congressional Record 4

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
HouseDebate and remarks H773—Mar 8, 2006
HouseDebate and remarks H525–H528Bennie G. Thompson D-MS, Doris O. Matsui D-CA, Nancy Pelosi D-CAMar 2, 2006
HouseDebate and remarks H474Jim Ramstad R-MNMar 1, 2006
ExtensionsDebate and remarks E233–E235Peter T. King R-NYFeb 28, 2006

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 2333Foreign Investment Security Improvement Act of 2006Related billFeb 27, 2006

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To require an investigation under the Defense Production Act of 1950 of the acquisition by Dubai Ports World of the Peninsular and Oriental Steam Navigation Company, and for other purposes.
Short Titles as Introduced
Foreign Investment Security Improvement Act of 2006
Popular Titles
Dubai Ports World bill

Subjects

Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.

Text 1

Each version as it was printed, newest first.

  1. Feb 28, 2006Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.