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HR 5410 100th Congress House

Foreign Ownership Disclosure Act of 1988

Official title: A bill to provide for the registration of foreign interests in United States property, and for other purposes.

Introduced: September 28, 1988 See on congress.gov
Foreign Trade and International Finance Foreign Trade and InvestmentsForeign investmentsForeign ownership of real propertyGovernment paperwork
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Government records, documents, and informationInformation disclosure (Securities law)Information servicesSecurities and InvestmentsSecurities regulation
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 1988
Read twice and referred to the Committee on Commerce.
Oct 5, 1988
Received in the Senate.
Oct 5, 1988
Passed House by Yea-Nay Vote: 250 - 170 (Record Vote No: 429).
Oct 5, 1988
Passed/agreed to in House: Passed House by Yea-Nay Vote: 250 - 170 (Record Vote No: 429).
Oct 5, 1988
Rule Passed House.
Oct 4, 1988
Committee on Rules Granted a Modified Closed Rule Providing One Hour of General Debate.
Oct 3, 1988
Referred to Subcommittee on Telecommunications and Finance.
Sep 28, 1988
Referred to House Committee on Energy and Commerce.
Sep 28, 1988
Introduced in House
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 Latest action October 7, 1988

Read twice and referred to the Committee on Commerce.

 Plain-English summary Congressional Research Service

Foreign Ownership Disclosure Act of 1988 - Requires any foreign person who holds or acquires a significant interest in a United States property or a controlling interest in a U.S. business enterprise to register such interest with the Secretary of Commerce. Specifies the information required to be contained in such registration. Requires that any changes in such information be disclosed in an amended registration within a limited period of time. Sets forth penalties for the failure to comply with such registration requirements.

Defines a "significant interest" in U.S. property as more than five percent of the total equity or ownership interests in assets or real property having a market value or gross sales in excess of specified amounts. Defines a "controlling interest" in a U.S. business enterprise as more than 25 percent of the total equity or ownership interests in a business enterprise having assets or gross sales in excess of specified amounts.

Directs the Secretary to submit an annual report to the President and the Congress, concerning: (1) the extent and effects of foreign investment in the United States; and (2) the effectiveness and efficiency of the registration and reporting requirements of this Act.

Directs the Secretary to compile a registry of foreign investments in the United States. Limits access to the information in such registry.

 Committees of jurisdiction 3
 Cosponsors 5
All 5 Democratic 2
KLECZKA, GERALD
· Oct 4, 1988
LIPINSKI, WILLIAM
· Sep 30, 1988
 D
Durbin, Richard J.
Illinois · Sep 28, 1988
FROST, MARTIN
· Sep 28, 1988
 D
Kaptur, Marcy
Ohio · Sep 28, 1988
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5410: Foreign Ownership Disclosure Act of 1988. 100th Congress. Open America. https://openamerica.io/bill/100-HR-5410/
MLA
"H.R. 5410: Foreign Ownership Disclosure Act of 1988." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-5410/.
Bluebook (legal)
H.R. 5410, 100th Cong. (2026), https://openamerica.io/bill/100-HR-5410/.
Markdown link
[H.R. 5410: Foreign Ownership Disclosure Act of 1988](https://openamerica.io/bill/100-HR-5410/)
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