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American Investment Accountability Act
1/4/2024, 10:30 AM
Summary of Bill S 3476
The American Investment Accountability Act, also known as Bill 118 s 3476, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to increase transparency and accountability in American investments, particularly in foreign countries.
One of the key provisions of the American Investment Accountability Act is the requirement for companies to disclose detailed information about their investments in foreign countries. This includes information about the amount of money invested, the purpose of the investment, and any potential risks or benefits associated with the investment.
Additionally, the bill aims to strengthen oversight of American investments by requiring companies to report regularly on the progress and impact of their investments in foreign countries. This will help ensure that American investments are being used effectively and ethically, and will also help identify any potential issues or concerns that may arise. Overall, the American Investment Accountability Act is designed to promote transparency and accountability in American investments, and to ensure that these investments are being used in a responsible and ethical manner. It is currently being debated in Congress, and its ultimate fate will depend on the support it receives from lawmakers.
One of the key provisions of the American Investment Accountability Act is the requirement for companies to disclose detailed information about their investments in foreign countries. This includes information about the amount of money invested, the purpose of the investment, and any potential risks or benefits associated with the investment.
Additionally, the bill aims to strengthen oversight of American investments by requiring companies to report regularly on the progress and impact of their investments in foreign countries. This will help ensure that American investments are being used effectively and ethically, and will also help identify any potential issues or concerns that may arise. Overall, the American Investment Accountability Act is designed to promote transparency and accountability in American investments, and to ensure that these investments are being used in a responsible and ethical manner. It is currently being debated in Congress, and its ultimate fate will depend on the support it receives from lawmakers.
Read the Full Bill
Current Status of Bill S 3476
Bill S 3476 is currently in the status of Bill Introduced since December 12, 2023. Bill S 3476 was introduced during Congress 118 and was introduced to the Senate on December 12, 2023. Bill S 3476's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of December 12, 2023
Bipartisan Support of Bill S 3476
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3476
Primary Policy Focus
Alternate Title(s) of Bill S 3476
American Investment Accountability Act
American Investment Accountability Act
A bill to monitor United States investments in entities that are controlled by foreign adversaries, and for other purposes.
Comments
Sponsors and Cosponsors of S 3476
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