US Code

Public Law 119-73 (01/23/2026)

22 U.S.C. § 3142

Report by Secretary of Commerce

(a)

Annual report on foreign direct investment in United States

Not later than 6 months after , and not later than the end of each 1-year period occurring thereafter, the Secretary of Commerce shall submit to the Committee on Energy and Commerce, the Committee on Ways and Means, and the Committee on Foreign Affairs of the House of Representatives, to the Committee on Commerce, Science, and Transportation of the Senate, and to the Joint Economic Committee of the Congress a report on the role and significance of foreign direct investment in the United States. Such report shall address the history, scope, trends, market concentrations, and effects on the United States economy of such investment. In addition, the Secretary of Commerce shall, if requested by any such committee, appear before that committee to provide testimony with respect to any report under this subsection.

(b)

Sources of data

In preparing each report under subsection (a), the Secretary of Commerce, or the Secretary’s designees, shall consider information collected by—
(1)
22 U.S.C. 3101 the Bureau of Economic Analysis under the International Investment and Trade in Services Survey Act ( and following);
(2)
the Bureau of the Census on industry, manufacturing, research and development, and trade, under title 13;
(3)
the Bureau of Labor Statistics pertaining to information collected under the International Investment and Trade in Services Survey Act, but only to the extent that such information is in a form that cannot be associated with, or otherwise identify, directly or indirectly, a person, including any enterprise or establishment;
(4)
1
1 See References in Text note below.
the Secretary of Commerce or the Secretary’s designee pursuant to section 2  of Executive Order 11858 of ;
(5)
7 U.S.C. 3501 the United States Department of Agriculture under the Agricultural Foreign Investment Disclosure Act of 1978 ( and following);
(6)
section 6039C of title 26 the Department of the Treasury under , but only to the extent that such information is in a form that cannot be associated with, or otherwise identify, directly or indirectly, a person, including any enterprise or establishment;
(7)
section 7267(8) of title 42 the Department of Energy under , but only to the extent that such information is in a form that cannot be associated with, or otherwise identify, directly or indirectly, a person, including any enterprise or establishment;
(8)
other Federal agencies not referred to in paragraphs (1) through (7), but only to the extent that such information is in a form that cannot be associated with, or otherwise identify, directly or indirectly, a person, including any enterprise or establishment;
(9)
foreign governments and agencies thereof; and
(10)
private sector sources.
(c)

Analyses

(1)
The analysis in each report prepared under subsection (a) shall, to the extent of available data, compare business enterprises controlled by foreign persons with other business enterprises in the United States with respect to employment, market share, value added, productivity, research and development, exports, imports, profitability, taxes paid, and investment incentives and services provided by State and local governments (including quasi-governmental entities).
(2)
section 4816 of title 101 Each such analysis shall be done by significant industry sectors and geographical regions, except that information shall not be presented in a way in which any person, including any business enterprise or establishment, can be identified. The restriction contained in the preceding sentence on presentation of information does not apply to information that is obtained from foreign governments or agencies thereof and that has been published pursuant to the lawful disclosure of the information. To the extent that data are available, each such analysis shall include an analysis, together with current levels and trends, of the number and market share of business enterprises at least 10 percent of the voting securities or other evidences of ownership of which are owned or controlled by a foreign person, and of the number and market share of the establishments of such business enterprises, that are engaged substantially in the production or coproduction of any critical technologies identified in the most recent assessment prepared under or included in the most recent report submitted to the President under section 6683  of title 42.

Pub. L. 101–533, § 3104 Stat. 2344Pub. L. 102–484, div. A, title X, § 1054(f)106 Stat. 2503Pub. L. 103–160, div. A, title XI, § 1182(d)(2)107 Stat. 1773Pub. L. 105–261, div. A, title X, § 1069(d)(2)112 Stat. 2136Pub. L. 117–81, div. A, title XVII, § 1702l135 Stat. 2160(, , ; , , ; , , ; , , ; ()(4), , .)

Editorial Notes

References in Text

Pub. L. 94–47290 Stat. 2059section 3101 of this titleThe International Investment and Trade in Services Survey Act, referred to in subsec. (b)(1), (3), is , , , which is classified generally to chapter 46 (§ 3101 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

section 4565 of Title 50Executive Order 11858, referred to in subsec. (b)(4), is set out as a note under , War and National Defense. Ex. Ord. No. 11858 was amended generally by Ex. Ord. No. 13456, § 1, , 73 F.R. 4677, and, as so amended, section 2 no longer relates to the collection of information on foreign investment. However, similar provisions are now contained in section 9 of Ex. Ord. No. 11858.

Pub. L. 95–46092 Stat. 1263section 3501 of Title 7The Agricultural Foreign Investment Disclosure Act of 1978, referred to in subsec. (b)(5), is , , , which is classified generally to chapter 66 (§ 3501 et seq.) of Title 7, Agriculture. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

Section 6683 of title 42, referred to in subsec. (c)(2), was omitted from the Code.

Amendments

Pub. L. 117–812021—Subsec. (c)(2). substituted “section 4816” for “section 2505”.

Pub. L. 105–261section 2505 of title 10section 2506 of title 101998—Subsec. (c)(2). substituted “identified in the most recent assessment prepared under ” for “included in the most recent plan submitted to the Congress under ”.

Pub. L. 103–1601993—Subsec. (c)(2). substituted “section 2506” for “section 2522”.

Pub. L. 102–4841992—Subsec. (c)(2). substituted “section 2522” for “section 2368”.

Statutory Notes and Related Subsidiaries

Change of Name

section 1(a) of Pub. L. 104–14section 21 of Title 2Committee on Energy and Commerce of House of Representatives treated as referring to Committee on Commerce of House of Representatives by , set out as a note preceding , The Congress. Committee on Commerce of House of Representatives changed to Committee on Energy and Commerce of House of Representatives, and jurisdiction over matters relating to securities and exchanges and insurance generally transferred to Committee on Financial Services of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, .