Foreign Investment and National Security Act of 2007

Foreign Investment and National Security Act of 2007

Foreign Investment and National Security Act of 2007 (USStatute|110|49|121|246|2007|07|26) is an Act of Congress.

The Act addresses investments made by foreign entities in the United States. The law strengthens pre-existing laws including the Exon-Florio Amendment and the Committee on Foreign Investment in the United States‎.cite web
url= http://www.fas.org/sgp/crs/natsec/RL33388.pdf
title= The Exon-Florio National Security Test for Foreign Investment
accessdate= 2008-06-24
author= James K. Jackson
last= Jackson
first= James
date= 8
year= 2008
month= April
format= PDF
work=
publisher= Congressional Research Service
pages= 2
]

History

Legislative history

The United States House of Representatives passed the bill on February 28, 2007 by a vote of 423 to 0.. The United States Senate passed their version of the bill on June 29, 2007 by unanimous consent. On July 11, 2007, the House passed the Senate's version, USBill|110|S.|1610 by a vote 370-45.

Implementation

The act was implemented by President Bush's ExecutiveOrder|13456 on January 23, 2008.

See also

* Committee on Foreign Investment in the United States‎
* Omnibus Foreign Trade and Competitiveness Act

References


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