H.R. 4813 (109th): United States Security Improvement Act of 2006

Introduced:
Feb 28, 2006 (109th Congress, 2005–2006)
Sponsor:
Rep. Mark Foley [R-FL16]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on February 28, 2006, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 28, 2006
Cosponsors
43 cosponsors (23R, 19D, 1I) (show)
Committees

House Energy and Commerce

House Financial Services

House Foreign Affairs

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Defense Production Act of 1950 to improve national security and clarify congressional intent with respect to the review process for certain mergers and acquisitions, and for other purposes.

Summary

No summaries available.

Text

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Last updated Feb 28, 2006.
5 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

2/28/2006--Introduced.
United States Security Improvement Act of 2006 - Amends the Defense Production Act of 1950 to state that the purpose of a mandatory investigation of a proposed corporate merger, acquisition, or takeover (transaction) undertaken under such Act is to determine whether the acquisition could affect U.S. national security. Directs the President, within five days after initiating a mandatory investigation, to notify each House of Congress of the transaction being investigated. Requires such notice to be promptly transmitted to specified congressional committees. Prohibits the President from taking any action regarding a transaction under investigation until 14 days after congressional notification. Requires the President to consider and take into account any comments on the transaction provided by any congressional committee.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)