S 2793
106th Congress
Senate
Science, Technology, Communications
Commerce
Foreign Trade and International Finance
Foreign corporations
Foreign investments
Joint ventures
Law
Licenses
Partnerships
Radio stations
Telecommunication industry
Television stations
Foreign Government Investment Act of 2000
Introduced: June 27, 2000
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2000
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Jun 27, 2000
Sponsor introductory remarks on measure. (CR S5884-5885)
Jun 27, 2000
Introduced in Senate
Plain-English summary
Foreign Government Investment Act of 2000 - Amends the Communications Act of 1934 to prohibit any broadcast license, permit, or operating authority from being granted to or held by a corporation, joint venture, partnership, other business organization, or trust controlled by a foreign government or its representatives. Prohibits the Federal Communications Commission from waiving the application of such prohibition. Provides for an entity to be considered to be controlled by a foreign government or its representatives if more than 25 percent of the ownership, voting rights, capital stock, or other pecuniary interest in that entity is owned, held, or controlled by such a government or its representatives.
What's happening now
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Committees of jurisdiction
1
Cosponsors
1