Expressing the sense of the House of Representatives that a Chinese state-owned energy company exercising control of critical United States energy infrastructure and energy production capacity could take action that would threaten to impair the national security of the United States.

Bill: 109-hres-344
Sponsor: Rep. Pombo, Richard W. [R-CA-11]
Introduced: 2005-06-29 in the House
Policy area: International Affairs
Subjects: Armed Forces and National Security
China
Commerce
Corporate mergers
East Asia
Energy
Energy security
Foreign Trade and International Finance
Foreign corporations
Government Operations and Politics
Government ownership
Governmental investigations
Petroleum industry
President and foreign policy

Summary:
action_date: 2005-06-29
text: 
Declares the sense of the House of Representatives that: (1) the Chinese state-owned China National Offshore Oil Corporation, through control of Unocal Corporation obtained by the proposed acquisition, merger, or takeover of Unocal Corporation, could take action that would threaten to impair the national security of the United States; and (2) if Unocal Corporation enters into an agreement of acquisition, merger, or takeover of Unocal Corporation by the China National Offshore Oil Corporation, the President should initiate immediately a thorough review of the proposed acquisition, merger, or takeover.

action_date: 2005-06-30
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Declares the sense of the House of Representatives that: (1) the Chinese state-owned China National Offshore Oil Corporation, through control of Unocal Corporation obtained by the proposed acquisition, merger, or takeover of Unocal Corporation, could take action that would threaten to impair the national security of the United States; and (2) if Unocal Corporation enters into an agreement of acquisition, merger, or takeover of Unocal Corporation by the China National Offshore Oil Corporation, the President should initiate immediately a thorough review of the proposed acquisition, merger, or takeover.


Legislative actions:
action_date: 2005-06-30
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2005-06-30
text: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 398 - 15 (Roll no. 360). (text as passed House: CR H5570-5571)
action_date: 2005-06-30
text: Passed/agreed to in House: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 398 - 15 (Roll no. 360).(text as passed House: CR H5570-5571)
action_date: 2005-06-30
text: Considered as unfinished business. (consideration: CR H5592)
action_date: 2005-06-30
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2005-06-30
text: DEBATE - The House proceeded with forty minutes of debate on H. Res. 344.
action_date: 2005-06-30
text: Considered under suspension of the rules. (consideration: CR H5570-5577)
action_date: 2005-06-30
text: Mr. Ney moved to suspend the rules and agree to the resolution.
action_date: 2005-06-29
text: Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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.
action_date: 2005-06-29
text: Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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.
action_date: 2005-06-29
text: Referred to the Committee on Financial Services, and in addition to the Committee on International Relations, 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.
action_date: 2005-06-29
text: Introduced in House
action_date: 2005-06-29
text: Introduced in House