Congress has passed legislation to reform the process the U.S. uses to review FDI proposals for national security concerns. Now it's in front of the President.
The Congressional Research Service (CRS) has updated its description of the legislation. Exon-Florio Foreign Investment Provision: Comparison of H.R. 556 and S. 1610. (July 13, 2007) walks through each of its major elements, comparing the text of the House and the Senate bills. The Senate version is somewhat different from the version that originated in the House, and is the version that was ultimately adopted. Reports at the time indicated that the changes were minor.
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