A bill to amend the International Investment Survey Act of 1976 to provide an authorization for further appropriations, to avoid unnecessary duplication of certain surveys, and for other purposes.
PL 97-33 (S.1104), enacted 08/07/1981

95 STAT. 170 
PUBLIC LAW 97-33—AUG. 7, 1981 
Public Law 97-33 
97th Congress 
Aug. 7, 1981 
[S. 1104] 
International 
Investment 
Survey Act of 
1976, 
amendment. 
Benchmark 
surveys. 
U.S. portfolio 
investments 
abroad. 
Data analysis, 
submittal to 
Congress. 
Report. 
An Act 
To amend the International Investment Survey Act of 1976 to provide an authoriza-
tion for further appropriations, to avoid unnecessary duplication of certain sur-
veys, and for other puiposes. 
Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled. That section 4(b) of 
the International Investment Survey Act of 1976 (22 U.S.C. 3103(b)) is 
amended by striMng all of such section before the words "among 
other things and to the extent he determines necessary and 
feasible—" and substituting the following: 
"(b) With respect to foreign direct investment in the United States, 
the President shall conduct a benchmark survey covering calendar 
year 1980, a benchmark survey covering calendar year 1987, and 
benchmark surveys covering every fifth calendar year thereafter. 
With respect to United States direct investment abroad, the Presi-
dent shall conduct a benchmark survey covering calendar year 1982, 
a benchmark survey covering calendar year 1989, and benchmark 
surveys covering every fifth year thereafter. In conducting surveys 
pursuant to this subsection, the President shall,". 
SEC. 2. Section 4(cX2) of the International Investment Survey Act of 
1976 (22 U.S.C. 3103(cX2)) is amended to read as follows: 
"(2) In addition to the benchmark surveys conducted pursuant to 
paragraph (1), the President shall annually compile currently availa-
ble data on United States portfolio investment abroad including 
items such as data on the magnitude and aggregate value of portfolio 
investment, form of investments, types of investors, nationality of 
investors and recorded residence of private holders, diversification of 
holdings by economic sector, and holders of record. The President 
shall submit an analysis of such data to the Congress not later than 
the first day of 
July of 
each year.". 
SEC. 3. Section 4 of 
the International Investment Survey Act of 1976 
(22 U.S.C. 3103) is amended by redesignating subsections (e) and (f), 
and all references thereto, as subsection (f) and (g), respectively, and 
by inserting the following new subsection aifter subsection (d): 
"(e) The Secretary of Commerce shall prepare a report on the 
estimated cost of monitoring and compiling data on legislation 
enacted by the m^or trading partners of the United States, and such 
other foreign nations as the Secretary deems appropriate, which 
regulates or restricts foreign inward investment in such foreign 
nations.". 
PUBLIC LAW 97-33—AUG. 7, 1981 
95 STAT. 171 
SEC. 4. Section 8 of the International Investment Survey Act of 1976 
(22 U.S.C. 3107) is amended by striking "AND REVIEWS" in the section 
heading, by striking "(a)" immediately after "SEC. 8.", and by striking 
subsection (b). 
SEC. 5. Section 9 of the International Investment Survey Act of 1976 
(22 U.S.C. 3108) is amended by striking "and" immediately after 
"1980," and by inserting immediately before the period at the end 
thereof the following: ", $4,000,000 for the fiscal year ending Septem-
ber 30,1982, and such sums as may be necessary for any subsequent 
fiscal years". 
Approved August 7, 1981. 
LEGISLATIVE HISTORY—S. 1104: 
SENATE REPORT No. 97-68 (Comm. on Commerce, Science, and Transportation). 
CONGRESSIONAL RECORD, Vol. 127 (1981): 
June 2, considered and passed Senate. 
June 27, considered and passed House. 
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 17, No. 33 (1981): 
Aug. 7, Presidential statement.