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HR 4915 109th Congress House

Committee on Foreign Investment in the United States Reform Act

Official title: To amend section 721 of the Defense Production Act of 1950 to implement certain recommendations relating to the review of certain mergers, acquisitions, or tak… Show full official titleShow less

Official title: To amend section 721 of the Defense Production Act of 1950 to implement certain recommendations relating to the review of certain mergers, acquisitions, or takeovers by or with any foreign person, and for other purposes.

Introduced: March 16, 2006 See on congress.gov
Foreign Trade and International Finance Administrative procedureArmed Forces and National SecurityCommerceCongress
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Congress and foreign policyCongressional reporting requirementsCorporate mergersCrime and Law EnforcementDubai Ports World aftermath legislationExecutive Office of the PresidentExecutive ordersExecutive reorganizationFederal advisory bodiesForeign corporationsForeign investmentsGovernment Operations and PoliticsGovernment corporationsGovernment ownershipGovernmental investigationsInfrastructureInfrastructure (Economics)International AffairsLawLeasesPresident and foreign policySecurity measuresTerrorism
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 9, 2006
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 9, 2006
Sponsor introductory remarks on measure. (CR E340-341)
Mar 9, 2006
Introduced in House
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 Latest action March 9, 2006

Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

Committee on Foreign Investment in the United States Reform Act - Amends the Defense Production Act of 1950 to revise provisions concerning presidential authority to review any mergers, acquisitions, and takeovers (transactions) that could result in foreign control of persons engaged in interstate commerce in the United States. Directs the President, after receiving written notification of a transaction, to determine whether the transaction may possibly have an effect on U.S. national security. Requires an investigation whenever a review determines that the transaction could result in foreign control of persons engaged in U.S. interstate commerce. Provides that, when a review determines that conditions must be established on the transaction before its approval, such determination shall not be final until approved by the President and either the Secretary or Deputy Secretary of the Treasury. Outlines national security investigation requirements and procedures.

Authorizes the President to establish interim protections in the case of a withdrawal of written notice of a proposed or pending transaction before a review or investigation is completed.

Provides additional factors to be considered in an investigation, including whether the transaction affects U.S. critical infrastructure.

Requires annual and quarterly reports to Congress on such reviews and investigations.

Reestablishes the Committee on Foreign Investment in the United States (CFIUS) as a multi-agency committee (currently, a committee within the Department of the Treasury).

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 2
MOORE, DENNIS
· Apr 6, 2006
 D
Wasserman Schultz, Debbie
Florida · Apr 6, 2006
 D
DeLauro, Rosa L.
Connecticut · Mar 16, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4915: Committee on Foreign Investment in the United States Reform Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4915/
MLA
"H.R. 4915: Committee on Foreign Investment in the United States Reform Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4915/.
Bluebook (legal)
H.R. 4915, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4915/.
Markdown link
[H.R. 4915: Committee on Foreign Investment in the United States Reform Act](https://openamerica.io/bill/109-HR-4915/)
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