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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To prevent foreign persons from owning national landmarks, areas included in the National Park System, and a significant portion of United States cultural business enterprises.


Actions Overview (1)

Date
10/09/1991Introduced in House

All Actions (6)

Date
10/18/1991Referred to the Subcommittee on Telecommunications and Finance.
Action By: Committee on Energy and Commerce
10/18/1991Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
Action By: Committee on Energy and Commerce
10/17/1991Referred to the Subcommittee on National Parks and Public Lands.
Action By: Committee on Interior and Insular Affairs
10/09/1991Referred to the House Committee on Interior and Insular Affairs.
Action By: House of Representatives
10/09/1991Referred to the House Committee on Energy and Commerce.
Action By: House of Representatives
10/09/1991Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.


Committees (2)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Energy and Commerce10/09/1991 Referred to
House Energy and Commerce Subcommittee on Commerce, Consumer Protection, and Competitiveness10/18/1991 Referred to
House Energy and Commerce Subcommittee on Telecommunications and Finance10/18/1991 Referred to
House Interior and Insular Affairs10/09/1991 Referred to
House Interior and Insular Affairs Subcommittee on National Parks and Public Lands10/17/1991 Referred to

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Latest Summary (1)

There is one summary for H.R.3533. View summaries

Shown Here:
Introduced in House (10/09/1991)

Prohibits: (1) a national landmark from being acquired directly by one or more foreign persons; (2) a corporation from holding a national landmark if one or more foreign persons own directly or indirectly more than 50 percent of the total number of shares of stock in it; (3) the Secretary of the Interior from transferring any U.S. right, title or interest in or to any area of land or water if, as a result such right, title, or interest would be held directly or indirectly by a foreign person; and (4) the investment in a corporation by a foreign person if it results in direct or indirect ownership by one or more foreign persons of more than 50 percent of the total number of shares of stock in U.S. cultural business enterprises.

Requires a foreign person who becomes a five percent shareholder in a U.S. cultural business enterprise, or a corporation which directly or indirectly holds a national landmark, to register such investment with the Chairman of the corporation.

Directs the Chairman to apply rules similar to those provided by this Act with respect to an entity that is not a corporation.