S. 2334Senate109th Congress (2005-2007)In Committee

Port Security Act of 2006

Sponsored by Robert MenendezSen. Robert Menendez (D-NJ)+ 1 co-lead
Introduced February 28, 2006

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S1542-1543)

February 28, 2006

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SenateIntro Referral

Introduced in Senate

February 28, 2006

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S1541-1542)

February 28, 2006

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S1542-1543)

February 28, 2006

Floor Debate

8 members

What members said about S. 2334 on the floor

3 Republicans5 Democrats
Byron L. Dorgan
Sen. Byron L. DorganD-ND · Feb 28, 2006

Mr. President, the Commerce Committee is having a hearing this afternoon--and I have been at a portion of that hearing--dealing with the question of Dubai Ports World, which is a company largely…

Robert Menendez
Rep. Robert MenendezD-NJ-13 · Feb 28, 2006

Mr. President, I am proud that I have introduced today along with Senators Clinton, Lautenberg, Nelson, and Boxer legislation that would guarantee that foreign governments cannot control the…

Robert Menendez
Rep. Robert MenendezD-NJ-13 · Feb 28, 2006

Mr. President, I am proud that I have introduced today along with Senators Clinton, Lautenberg, Nelson, and Boxer legislation that would guarantee that foreign governments cannot control the…

Arlen Specter
Sen. Arlen SpecterR-PA · Feb 28, 2006

Mr. President, I have sought recognition today to introduce the Community Cancer Care Preservation Act, which will ensure Medicare beneficiaries' access to community-based cancer treatment and…

Joseph I. Lieberman
Sen. Joseph I. LiebermanD-CT · Feb 28, 2006

Mr. President, I rise today to introduce, along with Senators Snowe, Akaka, Kerry, Durbin, and DeWine, the College Pathway Act of 2006. The intent of this bill is to provide a means of addressing the…

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Bill Nelson
Sen. Bill NelsonD-FL · Feb 28, 2006

Mr. President, I share with the Senate that there have been a couple of occurrences in Florida over the course of this recess that might be worth noting. The first is, seniors were assured by the…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Feb 28, 2006

Mr. President, I rise today to talk about a bill that will improve college access by creating a framework to ensure that high school graduates amass the skills and knowledge they need to succeed in…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Feb 28, 2006

Mr. President, I would like to voice my strong support as an original cosponsor of The College Pathway Act, introduced by my colleagues from Connecticut and Maine, Senators Lieberman and Snowe. I…

John Cornyn
Sen. John CornynR-TX · Feb 28, 2006

Mr. President, I am glad to hear our new colleague from New Jersey talking about our national security, and certainly this is one subject which always concerns us. It is the primary role of our…

John Cornyn
Sen. John CornynR-TX · Feb 28, 2006

Mr. President, I am glad to hear our new colleague from New Jersey talking about our national security, and certainly this is one subject which always concerns us. It is the primary role of our…

Robert Menendez
Sen. Robert MenendezD-NJ · Feb 28, 2006

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. I ask unanimous consent to have 12 minutes in morning business. I thank the Chair. (The remarks of Mr. Menendez…

Bill Text

Latest available legislative text

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Introduced in SenateIssued February 28, 2006

II

109th CONGRESS

2d Session

S. 2334

IN THE SENATE OF THE UNITED STATES

February 28, 2006

Mr. Menendez (for himself, Mrs. Clinton, Mr. Lautenberg, Mr. Nelson of Florida, and Mrs. Boxer) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To ensure the security of United States ports, and for other purposes.

1.

Short title

This Act may be cited as the Port Security Act of 2006.

2.

Prohibition on leases of real property and facilities at United States ports by foreign government-owned entities

(a)

In general

Section 271(d) of the Defense Production Act of 1950 (50 U.S.C. App. 2170(d)) is amended—

(1)

by striking Subject to subsection (d) and inserting the following:

(1)

In general

Subject to subsection (e)

; and

(2)

by adding at the end the following new paragraph:

(2)

Prohibition on leases of real property and facilities at United States ports by foreign government-owned entities

The President shall prohibit any merger, acquisition, or takeover described in subsection (a)(1) that will result in any entity that is owned or controlled by a foreign government leasing, operating, managing, or owning real property or facilities at a United States port.

.

(b)

Report required

(1)

In general

Not later than 30 days after the date of the enactment of this Act, the President shall submit to Congress a report on the leasing, operating, managing, or owning real property or facilities at United States ports by entities that are owned or controlled by foreign governments.

(2)

Content

The report required under paragraph (1) shall include—

(A)

a list of all entities that are owned or controlled by foreign governments that are leasing, operating, managing, or owning real property or facilities at United States ports;

(B)

an assessment of the national security threat posed by such activities; and

(C)

recommendations for any legislation in response to such threat.

3.

Increased transparency of mandatory investigations

Section 271(b) of the Defense Production Act of 1950 (50 U.S.C. App. 2170(b)) is amended—

(1)

by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively;

(2)

by striking The President and inserting the following:

(1)

In general

The President

;

(3)

by adding at the end the following new paragraphs:

(2)

Notification to Congress

Not later than one day after commencing an investigation under paragraph (1), the President shall provide notice of the investigation and relevant information regarding the proposed merger, acquisition, or takeover, including relevant ownership records to—

(A)

the majority leader and minority leader of the Senate;

(B)

the Speaker and minority leader of the House of Representatives;

(C)

the Chairmen and Ranking Members of the Committee on Finance, the Committee on Homeland Security and Government Affairs, the Committee on Banking, Housing, and Urban Affairs, the Committee on Armed Services, and the Select Committee on Intelligence of the Senate;

(D)

the Chairmen and Ranking Members of the Committee on Ways and Means, the Committee on Homeland Security, the Committee on Financial Services, the Committee on Armed Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and

(E)

the Members of Congress representing the States and districts affected by the proposed transaction.

(3)

Notification to public officials of investigations of proposed transactions affecting United States ports

In the case of an investigation under paragraph (1) of a proposed merger, acquisition, or takeover that will result in any entity that is owned or controlled by a foreign government leasing, operating, managing, or owning real property or facilities at a United States port, the President shall, not later than one day after commencing an investigation under paragraph (1), notify the Governors and heads of relevant government agencies of the States in which such ports are located and provide to such Governors and relevant agency heads information regarding the proposed merger, acquisition, or takeover, including relevant ownership records.

(4)

Public Comments

(A)

Solicitation of public comments

Not later than 7 days after commencing an investigation under paragraph (1), the President shall publish in the Federal Register a description of the proposed merger, acquisition, or takeover, including a solicitation for public comments on such proposed merger, acquisition, or takeover.

(B)

Summary of public comments

Not later than 10 days prior to the completion of an investigation under paragraph (1), the President shall publish in the Federal Register a summary of the public comments received pursuant to subparagraph (A).

.

4.

Technical correction

Section 271(e) of the Defense Production Act of 1950 (50 U.S.C. App. 2170(e)) is amended by striking subsection (c) and inserting subsection (d).

5.

Effective Date

The amendments made by this Act shall apply to any merger, acquisition, or takeover considered on or after October 1, 2005 under section 271 of the Defense Production Act of 1950 (50 U.S.C. App. 2170).