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H.R. 4959 109th Congress House

Reciprocity and Fairness in Foreign Investment Act

Official title: To impose limitations on investment and certain operations by foreign entities in the United States.

Introduced: March 14, 2006 Introduced by: Michael R. Turner Republican · Ohio See on congress.gov
Foreign Trade and International Finance Air trafficAirportsAmerican investmentsArmed Forces and National Security
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Aviation safetyBridgesCivil actions and liabilityCorporate divestitureCorporate mergersCrime and Law EnforcementDubai Ports World aftermath legislationElectric power distributionElectric power productionElectric power transmissionEnergyFines (Penalties)Foreign corporationsForeign investmentsGas pipelinesGovernment Operations and PoliticsGovernment corporationsGovernment ownershipGovernment paperworkInfrastructureInfrastructure (Economics)InjunctionsInternational AffairsLand transfersLawMarine safetyMarine terminalsNavigational aids (Aeronautics)Petroleum pipelinesRailroad safetyRailroad terminalsRailroadsReciprocityRoads and highwaysSecurity measuresTerrorismTraffic accidents and safetyTransportation and Public WorksTransportation safety
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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
Apr 21, 2006
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Mar 14, 2006
Referred to the Committee on Financial Services, and in addition to the Committees on International Relations, and Energy and Commerce, 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 14, 2006
Introduced in House
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 Latest action April 21, 2006

Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

 Plain-English summary Congressional Research Service

Reciprocity and Fairness in Foreign Investment Act - Permits a foreign person owned or controlled by a foreign government to acquire ownership in either a business, or in real property in the United States, but only to the same extent as that foreign government allows U.S. persons to acquire ownership in comparable enterprises organized under the laws of that foreign country.

Subjects investment and operation of critical infrastructure in the United States by such a foreign person to the same reciprocity requirements.

Directs the Secretary of the Treasury to issue implementing regulations.

Establishes civil penalties for violations of this Act.

 Related & companion bills 1
  • S 2410 Foreign Investment Transparency and Security Act of 2006
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 4
All 4 Republican 2
R
Capito, Shelley Moore
West Virginia · Apr 25, 2006
 R
Rogers, Mike D.
Alabama · Apr 5, 2006
LATOURETTE, STEVEN
· Mar 14, 2006
WAMP, ZACH
· Mar 14, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4959: Reciprocity and Fairness in Foreign Investment Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4959/
MLA
"H.R. 4959: Reciprocity and Fairness in Foreign Investment Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4959/.
Bluebook (legal)
H.R. 4959, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4959/.
Markdown link
[H.R. 4959: Reciprocity and Fairness in Foreign Investment Act](https://openamerica.io/bill/109-HR-4959/)
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