A bill to establish a National Foreign Investment Control Commission to prohibit or restrict foreign ownership control or management control, through direct purchase, in whole or part, from acquiring securities of certain domestic issuers of securities; from acquiring certain domestic issuers of securities, by merger, tender offer, or any other means; control of certain domestic corporations or industries, real estate, or other natural resources deemed to be vital to the economic security and national defense of the United States.
The bill’s titles are written by its sponsor.
Sponsor and status
93rd Congress (1973–1974)
This bill was introduced on September 24, 1974, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
History
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Sep 24, 1974
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Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
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H.R. 16848 (93rd) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 16848. This is the one from the 93rd Congress.
This bill was introduced in the 93rd Congress, which met from Jan 3, 1973 to Dec 20, 1974. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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“H.R. 16848 — 93rd Congress: Foreign Investment Control Act.” www.GovTrack.us. 1974. September 27, 2023 <https://www.govtrack.us/congress/bills/93/hr16848>
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Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.
