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A bill to make a technical amendment to the International Investment Survey Act of 1976.

Public Law 97-70 · S. 1687 · 97th Congress · began in the Senate

Signed by Ronald Reagan (R) on Oct 26, 1981 · Foreign Trade and International Finance

Sponsor: Sen. Larry Pressler (R-SD)

Cosponsors: None

Passage votes

  • HouseVoice vote
  • SenateVoice vote
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Amends the International Investment Survey Act of 1976 to require benchmark surveys of foreign direct investment in the United States covering 1980, 1987, and every fifth year thereafter (rather than covering calendar years 1980, 1987, and every fifth calendar year thereafter). Requires such surveys of U.S. direct investment abroad covering 1982, 1989, and every fifth year thereafter (rather than covering those calendar years).

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 9 actions.

  1. Oct 26, 1981Became lawBecame law · Became Public Law No: 97-70.
  2. Became lawBecame law · Signed by President.
  3. Oct 16, 1981PresidentPresident · Presented to President.
  4. Oct 14, 1981FloorFloor · Passed House by Voice Vote.
  5. FloorFloor · Called up by House by Unanimous Consent.
  6. CommitteeCommittee · Discharged from House Foreign Affairs Committee
  7. Oct 1, 1981CommitteeCommittee · Referred to House Foreign Affairs Committee
  8. Sep 30, 1981FloorFloor · Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
  9. IntroducedIntroduced · Introduced in the Senate
Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.