H.R. 4868 (97th): International Joint Venture Act of 1981

Introduced:
Oct 29, 1981 (97th Congress, 1981–1982)
Status:
Died (Referred to Committee)
Sponsor
Robert McClory
Representative for Illinois's 13th congressional district
Party
Republican
 
Status

This bill was introduced on October 29, 1981, in a previous session of Congress, but was not enacted.

Progress
Introduced Oct 29, 1981
Referred to Committee Oct 29, 1981
 
Full Title

A bill to clarify the application of the Clayton Act and the Federal Trade Commission Act with respect to certain joint ventures which promote the international competitiveness of United States businesses.

Summary

No summaries available.

Cosponsors
11 cosponsors (7R, 4D) (show)
Committees

House Energy and Commerce

House Judiciary

Regulatory Reform, Commercial, and Antitrust Law

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


10/29/1981--Introduced.
International Joint Venture Act of 1981 - Declares that certain provisions of the Clayton Act and the Federal Trade Commission Act do not prohibit an individual or organization of the United States from participating in a joint venture which:
(1) is composed of only such U.S. person and one or more foreign persons;
(2) does not engage in any line of commerce in the United States in which such foreign person is already engaged;
(3) is terminable by either party no later than ten years after it is formed;
(4) provides for the exchange of technology; and
(5) provides access to raw materials or to distribution, marketing, or manufacturing facilities.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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