,,ii  #aagth ,,congress  #b;d ,session  
,s4 #dcbb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #bf1      
#bjbb,mr4 ,cotton 7for himself and ,mr4 
,hagerty7 introduced the following bill2
 which was read twice and referred to   
the ,committee on the ,judiciary  ,a    
,,bill  ,to require disclosure of       
foreign government subsidies in the     
premerger notification process1 and for 
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,foreign       
,merger ,subsidy ,disclosure ,act4  #b4 
,mergers involving foreign government   
subsidies  7a7 ,definition ,in this     
section1 the term foreign entity of     
concern has the meaning given the term  
in section #djbjg of the ,infrastructure
 ,investment and ,jobs ,act 7#db        
,u4,s4,c4 #ahgda7;a774  7b7 ,accounting 
for foreign government subsidies ,a     
person required to file a notification  
under section #g;,a of the ,clayton ,act
 7#ae ,u4,s4,c4 #ah;a7 that received a  
subsidy from a foreign entity of concern

 shall include in such notification     
content regarding such subsidy4  7c7    
,authority of antitrust regulators ,the 
,federal ,trade ,commission1 with the   
concurrence of the ,assistant ,attorney 
,general in charge of the ,antitrust    
,division of the ,department of         
,justice1 and in consultation with the  
,chairperson of the ,committee on       
,foreign ,investment in the ,united     
,states1 the ,secretary of ,commerce1   
the ,chair of the ,united ,states       
,international ,trade ,commission1 the  
,united ,states ,trade ,representative1 
and the heads of other appropriate      
agencies1 and by rule in accordance with
 section #eec of title #e1 ,united      
,states ,code1 consistent with purposes 
of this section shall require that the  
notification required under subsection  
7b7 be in such form and contain such    
documentary material and information    
relevant to a proposed acquisition as is
 necessary and appropriate to enable the
 ,federal ,trade ,commission and the    

,assistant ,attorney ,general in charge 
of the ,antitrust ,division of the      
,department of ,justice to determine    
whether such acquisition may1 if        
consummated1 violate the antitrust laws4
  7d7 ,effective date ,this section     
shall take effect on the date on which  
the rule described in subsection 7c7    
takes effect4