Protect America First Act of 2006
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Protect America First Act of 2006 - Amends the Defense Production Act of 1950 to direct the President, no later than five days after receipt of written notification of a proposed or pending corporate merger, acquisition, or takeover by an individual controlled or acting on behalf of a foreign government and which may be subject to an investigation for national security purposes, to notify congressional leadership of the receipt of such notification. Requires the President, no later than one day after commencing such an investigation, to provide such leadership notification of the investigation and relevant information regarding the proposed or pending merger, acquisition, or takeover.
Expresses the sense of Congress that: (1) the Committee on Foreign Investment in the United States (CFIUS) should be transferred from the Department of the Treasury to the Department of Homeland Security (DHS); and (2) the Secretary of Homeland Security should serve as CFIUS Chairman.
Referred to the Subcommittee on Commerce, Trade and Consumer Protection, for a period to be subsequently determined by the Chairman.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4917: Protect America First Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4917/
"H.R. 4917: Protect America First Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4917/.
H.R. 4917, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4917/.
[H.R. 4917: Protect America First Act of 2006](https://openamerica.io/bill/109-HR-4917/)