US Congress House Bill 3196 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on July 14 2009 - 25% progression, died in chamber
Action: 2009-07-15 - Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Text: Latest bill text (Introduced) [PDF]

Reciprocity and Fairness in Foreign Investment Act - Permits a foreign person owned, in whole or in part, 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.

Reciprocity and Fairness in Foreign Investment Act

Rep. Michael Turner [R-OH]

Date	Chamber	Action
2009-07-15		Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
2009-07-14		Referred to House Energy and Commerce
2009-07-14		Referred to House Foreign Affairs
2009-07-14		Referred to House Financial Services
2009-07-14		Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, 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.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/3196/all-info
Text	https://www.congress.gov/111/bills/hr3196/BILLS-111hr3196ih.pdf