OpenCongress - H.R.556 Foreign Investment and National Security Act of 2007

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Foreign Investment and National Security Act of 2007

To ensure national security while promoting foreign investment and the creation and maintenance of jobs, to reform the process by which such investments are examined for any effect they may have on national security, to establish the Committee on Foreign Investment in the United States, and for other purposes.

Other Bill Titles (6 more)

7/26/2007--Public Law. (This measure has not been amended since it was passed by the Senate on June 29, 2007. The summary of that version is repeated here.) Foreign Investment and National Security Act of 2007 -
(Sec. 2) Amends the Defense Production Act of 1950 to revise prov... morehide bill summarySee Full Bill Text

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Amendments

This bill has 6 amendments. See All AmendmentsHide All Amendments

Amendments to H.R.556

Number	Status	Purpose
H.Amdt15	Pass	An amendment numbered 3 printed in the Congressional Record making sundry changes to the bill.
H.Amdt16	Pass	An amendment numbered 4 printed in the Congressional Record to add a requirement that the President consider the potential effects of a covered transaction on the efforts of the United States to curtail human smuggling.
H.Amdt17	Pass	An amendment numbered 12 printed in the Congressional Record to add language to section 7 (which deals with Oversight by the Congress) providing that Senators representing States and Members of Congress representing congressional districts that would be significantly affected by a covered transaction should be affected by the reporting requirements.
H.Amdt18	Fail	An amendment numbered 5 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including the effective rate of taxation on entrepeneurs and businesess and other sources of capital in the U.S. as compared to other countries.
H.Amdt19	Fail	An amendment numbered 6 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including the amount of burdensome regulation in the United States as compared to other countries that affect the number of filings, changes in the types of business sectors involved in filings, and changes in the number of investments originating from specific countries.
H.Amdt20	Fail	An amendment numbered 7 printed in the Congressional Record, to insert a new paragraph entitled Contents of Report Related to Barriers to Investment into the United States and specifies for inclusion in the report a detailed discussion of factors including trend information on the number of jobs in the United States related to foreign investment resulting from covered transactions, that affect the number of filings, changes in the type of business sectors involved in filings, and changes in the number of investments originating from specific countries.

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		This Bill Has Become Law
January 18, 2007		February 28, 2007		June 29, 2007		July 26, 2007		July 26, 2007

Latest Vote

July 11, 2007Roll call number 614 in the House
Question: On Motion to Suspend the Rules and Agree to the Senate Amendment: H R 556 Foreign Investment and National Security Act
Required percentage of 'Aye' votes: 2/3 (66%)	Percentage of 'aye' votes: 85%	Result: Passed

See Full Voting History (6 votes)Hide Voting History Show All Actions (56 actions)Hide Actions

Voting History

Date	Chamber	Question	Aye	Nay	Result
July 11, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Motion to Suspend the Rules and Agree to the Senate Amendment: H R 556 Foreign Investment and National Security Act	370	45	Passed	See Vote
February 28, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Passage: H R 556 The National Security Foreign Investment Reform and Strengthened Transparency Act	423	0	Passed	See Vote
February 28, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Motion to Recommit with Instructions: H R 556 The National Security Foreign Investment Reform and Strengthened Transparency Act	193	229	Failed	See Vote
February 28, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Agreeing to the Amendment: Amendment 6 to H R 556	197	231	Failed	See Vote
February 28, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Agreeing to the Amendment: Amendment 5 to H R 556	197	231	Failed	See Vote
February 28, 2007	House	H.R.556 Foreign Investment and National Security Act of 2007 On Agreeing to the Amendment: Amendment 4 to H R 556	198	228	Failed	See Vote

All Bill Actions

Enacted on Jul 26, 2007. Became Public Law No: 110-49.
Signed on Jul 26, 2007.
Jul 18, 2007. Presented to President.
Jul 11, 2007: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 370 - 45 (Roll no. 614).
Jul 11, 2007. Cleared for White House.
Jul 10, 2007: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the chair announced that further proceedings on the motion would be postponed.
Jul 10, 2007: DEBATE - The House proceeded with forty minutes of debate on the motion to suspend the rules and agree to the Senate amendment to H.R. 556.
Jul 10, 2007: Mrs. Maloney (NY) moved that the House suspend the rules and agree to the Senate amendment.
Jun 29, 2007: Message on Senate action sent to the House.
Jun 29, 2007: See also S. 1610.
Passed by Unanimous Consent in the Senate on Jun 29, 2007. Passed Senate with an amendment by Unanimous Consent.
Jun 29, 2007: Senate struck all after the Enacting Clause and substituted the language of S. 1610 amended.
Jun 29, 2007: Measure laid before Senate by unanimous consent.
Jun 29, 2007: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Mar 01, 2007: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 28, 2007: UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
Feb 28, 2007: POSTPONED PROCEEDINGS - At the conclusion of the debate on the McCaul amendment numbered 7, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes prevailed. Mr. McCaul demanded a recorded vote and the Chair announced further proceedings on the question of adoption of the amendment until late in the legislative day.
Feb 28, 2007: DEBATE - The Committee of the Whole proceeded with debate on the McCaul amendment numbered 7 under the five-minute rule.
Feb 28, 2007: POSTPONED PROCEEDINGS - At the conclusion of the debate on the McCaul amendment numbered 6, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes prevailed. Mr. McCaul demanded a recorded vote and the Chair announced further proceedings on the question of adoption of the amendment until late in the legislative day.
Feb 28, 2007: DEBATE - The Committee of the Whole proceeded with debate on the McCaul amendment numbered 6 under the five-minute rule.
Feb 28, 2007: POSTPONED PROCEEDINGS - At the conclusion of the debate on the McCaul amendment numbered 5, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes prevailed. Mr. McCaul demanded a recorded vote and the Chair announced further proceedings on the question of adoption of the amendment until late in the legislative day.
Feb 28, 2007: DEBATE - The Committtee of the Whole proceeded with debate on the McCaul amendment numbered 5 under the five-minute rule.
Feb 28, 2007: DEBATE - The Committee of the Whole proceeded with debate on the Barrow amendment numbered 12 under the five-minute rule.
Passed roll in the House on Feb 28, 2007. On passage Passed by recorded vote: 423 - 0 (Roll no. 110).
Feb 28, 2007: On motion to recommit with instructions Failed by recorded vote: 193 - 229 (Roll no. 109).
Feb 28, 2007: The previous question on the motion to recommit with instructions was ordered without objection.
Feb 28, 2007: DEBATE - The House proceeded with ten minutes of debate on the Neugebauer motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with amendments that require the President to include in the annual report a detailed discussion of factors, including the deleterious effect of burdensome regulations.
Feb 28, 2007: Mr. Neugebauer moved to recommit with instructions to Financial Services.
Feb 28, 2007: The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
Feb 28, 2007: The previous question was ordered pursuant to the rule.
Feb 28, 2007: The House rose from the Committee of the Whole House on the state of the Union to report H.R. 556.
Feb 28, 2007: DEBATE - The Committee of the Whole proceeded with debate on the King (IA) amendment under the five-minute rule.
Feb 28, 2007: DEBATE - The Committee of the Whole proceeded with debate on the Frank (MA) amendment under the five-minute rule.
Feb 28, 2007: GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 556.
Feb 28, 2007: The Speaker designated the Honorable Ed Pastor to act as Chairman of the Committee.
Feb 28, 2007: House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 195 and Rule XVIII.
Feb 28, 2007: Rule provides for consideration of H.R. 556 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by section. Bill is open to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
Feb 28, 2007: Considered under the provisions of rule H. Res. 195.
Feb 28, 2007: Rule H. Res. 195 passed House.
Feb 27, 2007: Rules Committee Resolution H. Res. 195 Reported to House. Rule provides for consideration of H.R. 556 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by section. Bill is open to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
Added to calendar on Feb 23, 2007: Placed on the Union Calendar, Calendar No. 9..
Feb 23, 2007: Committee on Foreign Affairs discharged.
Feb 23, 2007: Committee on Energy and Commerce discharged.
Feb 23, 2007: Reported (Amended) by the Committee on Financial Services. H. Rept. 110-24, Part I.
Feb 16, 2007: Mr. Frank (MA) asked unanimous consent that the Committee on Financial Services have until midnight on Feb. 23 to file a report on H.R. 556. Agreed to without objection.
Added to calendar on Feb 14, 2007: Ordered to be Reported (Amended) by Voice Vote..
Feb 14, 2007: Committee Consideration and Mark-up Session Held.
Feb 14, 2007: Ordered to be Reported (Amended) by Voice Vote.
Added to calendar on Feb 13, 2007: Ordered to be Reported (Amended) by Voice Vote..
Feb 13, 2007: Committee Consideration and Mark-up Session Held.
Feb 02, 2007: Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Jan 18, 2007: Referred to House Foreign Affairs
Jan 18, 2007: Referred to House Energy and Commerce
Jan 18, 2007: Referred to House Financial Services
Jan 18, 2007: Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
Introduced on Jan 18, 2007.

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