Pub. L. 107-306, tit. VIII, subtit. C, sec. 827

ANNUAL REPORT ON FOREIGN COMPANIES INVOLVED IN THE PROLIFERATION OF WEAPONS OF MASS DESTRUCTION THAT RAISE FUNDS IN THE UNITED STATES CAPITAL MARKETS.

EnactedYear: 2002Length: 250 wordsOfficial source
SEC. 827. ANNUAL REPORT ON FOREIGN COMPANIES INVOLVED IN THE PROLIFERATION OF WEAPONS OF MASS DESTRUCTION THAT RAISE FUNDS IN THE UNITED STATES CAPITAL MARKETS. (a) Annual Report Required.—The Director of Central Intelligence shall submit to the appropriate committees of Congress on an annual basis a report setting forth each foreign company described in subsection (b) that raised or attempted to raise funds in the United States capital markets during the preceding year. (b) Covered Foreign Companies.—A foreign company described in this subsection is any foreign company determined by the Director to be engaged or involved in the proliferation of weapons of mass destruction (including nuclear, biological, or chemical weapons) or the means to deliver such weapons. (c) Submittal Date.—The date each year for the submittal of the report required by subsection (a) shall be the date provided in section 507 of the National Security Act of 1947, as added by section 811 of this Act. (d) Form of Reports.—Each report under subsection (a) shall be submitted in unclassified form, but may include a classified annex. (e) Appropriate Committees of Congress Defined.—In this section, the term “appropriate committees of Congress” means— (1) the Select Committee on Intelligence of the Senate and the Permanent Select Committee on Intelligence of the House of Representatives; (2) the Committees on Armed Services, Banking, Housing, and Urban Affairs, Governmental Affairs, and Foreign Relations of the Senate; and (3) the Committees on Armed Services, Financial Services, Government Reform, and International Relations of the House of Representatives.