Foreign Merger Subsidy Disclosure Act of 2021
Latest action · Nov 1, 2022 Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
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.
- IntroducedOct 20, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Foreign Merger Subsidy Disclosure Act of 2021
This bill requires entities to disclose in their premerger notification filings to federal antitrust regulators a detailed accounting of any economic support they received from a foreign state.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Oct 20, 2021 to Jan 20, 2022; 10 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-GA | Barry Loudermilk | Original | Oct 20, 2021 |
| R-UT | Burgess Owens | Original | Oct 20, 2021 |
| R-UT | Chris Stewart | Original | Oct 20, 2021 |
| R-NC | Dan Bishop | Original | Oct 20, 2021 |
| R-AR | Eric A. "Rick" Crawford | Original | Oct 20, 2021 |
| D-AZ | Greg Stanton | Original | Oct 20, 2021 |
| D-CA | Jackie Speier | Original | Oct 20, 2021 |
| R-TX | Louie Gohmert | Original | Oct 20, 2021 |
| D-NJ | Mikie Sherrill | Original | Oct 20, 2021 |
| R-WI | Thomas P. Tiffany | Original | Oct 20, 2021 |
| R-TX | Brian Babin | Oct 22, 2021 | |
| R-MS | Michael Guest | Oct 22, 2021 | |
| R-CA | Darrell Issa | Oct 25, 2021 | |
| R-FL | W. Gregory Steube | Oct 27, 2021 | |
| D-WA | Kim Schrier | Nov 5, 2021 | |
| R-NC | Ted Budd | Nov 23, 2021 | |
| D-MI | Elissa Slotkin | Jan 20, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred Oct 20, 2021 |
| Administrative State, Regulatory Reform, and Antitrust Subcommittee | Referred Nov 1, 2022 |
Actions 3
Everything that happened, newest first.
- Nov 1, 2022Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
- Oct 20, 2021Introduced in House
- Oct 20, 2021Referred to the House Committee on the Judiciary.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 184, October 20, 2021, page H5726.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4322 | Foreign Merger Subsidy Disclosure Act | Related bill | May 26, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require disclosure of foreign government subsidies in the premerger notification process.
- Short Title(s) as Introduced
- Foreign Merger Subsidy Disclosure Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- Oct 20, 2021Introduced in House
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.
