The legislation was signed into law in 1988 by Ronald Reagan.
Thank you.
Back at Post 24 mrsmith gave me these two links that I'll be reading later:
Code of Federal Regulations Citation. Office of International Investment, Department of Treasury -- Regulations pertaining to mergers, acquisitions, and takeovers by foreign persons, 31 CFR Part 800.
A good article to start with: http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B0317AEEE%2D47AF%2D42BD%2DBEFF%2D260274800569%7D&siteid=google&keyword=
http://www.treasury.gov/offices/international-affairs/exon-florio/