U.S. Congress - H.R.4959 Reciprocity and Fairness in Foreign Investment Act
H.R.4959 - Reciprocity and Fairness in Foreign Investment Act
To impose limitations on investment and certain operations by foreign entities in the United States. view all titles (2)
All Bill Titles
- Short: Reciprocity and Fairness in Foreign Investment Act as introduced.
- Official: To impose limitations on investment and certain operations by foreign entities in the United States. as introduced.
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Official Summary
3/14/2006--Introduced.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 allowsOfficial Summary
3/14/2006--Introduced.
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.
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