PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Congressional Research Service
Version 00 · Introduced in House · Jul 14, 2009
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.
People & committees
Rep. Turner, Michael R. [R-OH-3] · R–OH
Legislative record
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Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Referred to House Energy and Commerce
Referred to House Foreign Affairs
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.
Referred to House Financial Services
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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