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Foreign Investment Transparency and Security Act of 2006

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)

Official summary

Version 00 · Introduced in Senate · Mar 14, 2006

Foreign Investment Transparency and Security Act of 2006 - Amends the Homeland Security Act of 2002 to provide that a foreign government controlled entity may acquire, own, or otherwise control or manage any critical infrastructure of the United States only through the establishment or operation of a foreign owned general business corporation that meets specified requirements.

Requires a majority of the board of directors of such a corporation and its chief security officer to be U.S. citizens.

Directs the Secretary of Homeland Security to report to Congress on the processes and policies for implementation of a scanning system for 100% of all inbound maritime containers.

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Who introduced it

Sen. Coleman, Norm [R-MN] · R–MN

Committees

  • Banking, Housing, and Urban Affairs Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2125-2126)

  2. Introduced in Senate

  3. Sponsor introductory remarks on measure. (CR S1935)

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Feb 10, 2026. Consult Congress.gov for the current record.

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