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Foreign Investment Transparency and Security Act of 2006

Introduced: March 14, 2006 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2006
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)
Mar 14, 2006
Introduced in Senate
Mar 9, 2006
Sponsor introductory remarks on measure. (CR S1935)
 Plain-English summary Congressional Research Service

Foreign Investment Transparency and Security Act of 2006 - Amends the Homeland Security Act of 2002 to provide that a foreign government controlled entity may acquire, own, or otherwise control or manage any critical infrastructure of the United States only through the establishment or operation of a foreign owned general business corporation that meets specified requirements.

Requires a majority of the board of directors of such a corporation and its chief security officer to be U.S. citizens.

Directs the Secretary of Homeland Security to report to Congress on the processes and policies for implementation of a scanning system for 100% of all inbound maritime containers.

What's happening now March 14, 2006

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1