702

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Amendment Number
702
Purpose
An amendment to insert a new section on page 83, after line 16, that states upon receiving written notification, as prescribed by regulations under the section, of any merger, acquisition, or takeover proposed or pending on or after the date of the enactment of this section by or with any foreign control of any person engaed in interstate commerce in the United States, the President, acting through the President's designee and the Committee on Foreign Investment in the United States shall conduct an investigation to determine the effects, if any, of the proposed or pending merger, acqusition or takeover on the national security of the United States.
Congress
109
Type
HAMDT
Latest Action Date
Mar 15, 2006
Latest Action Text
Mr. Lewis (CA) raised a point of order against the Sabo amendment (A002). Mr. Lewis (CA) raised a point of order against the amendment stating that it constituted legislation in an appropriations bill and was in violation of clause 2 of Rule XXI. The Chair sustained the point of order.
Latest Action Time
17:30:16
Submitted Date
Mar 15, 2006
Chamber
House of Representatives
Update Date
Aug 16, 2021
Amendment 702 — Informed