Foreign Investment Transparency and Security Act of 2006
Latest action · Mar 14, 2006 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)
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.
- IntroducedMar 14, 2006
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Foreign Investment Transparency and Security Act of 2006 - Amends the Homeland Security Act of 2002 to provide that a foreign government controlled entity may acquire, own, or otherwise control or manage any critical infrastructure of the United States only through the establishment or operation of a foreign owned general business corporation that meets specified requirements.
Requires a majority of the board of directors of such a corporation and its chief security officer to be U.S. citizens.
Directs the Secretary of Homeland Security to report to Congress on the processes and policies for implementation of a scanning system for 100% of all inbound maritime containers.
Cosponsors 2
Members who signed on, in the order they did. All signed on Mar 14, 2006.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MI | Carl Levin | Original | Mar 14, 2006 |
| R-SC | Lindsey Graham | Original | Mar 14, 2006 |
Actions 3
Everything that happened, newest first.
- Mar 14, 2006Introduced in Senate
- Mar 14, 2006Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)
- Mar 9, 2006Sponsor introductory remarks on measure. (CR S1935)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4959 | Reciprocity and Fairness in Foreign Investment Act | Related bill | Apr 21, 2006 |
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Business records
- Commerce
- Congress
- Congressional reporting requirements
- Containerization
- Corporate mergers
- Corporation directors
- Crime and Law Enforcement
- Dubai Ports World aftermath legislation
- Foreign corporations
- Foreign investments
- Foreign Trade and International Finance
- Government Operations and Politics
- Government ownership
- Government paperwork
- Infrastructure
- Infrastructure (Economics)
- International Affairs
- Marine safety
- Security measures
- Terrorism
- Transportation and Public Works
- Transportation safety
Text 1
Each version as it was printed, newest first.
- Mar 14, 2006Introduced in Senate
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.