American Investment Accountability Act

Hozzl · 2024-01-04T10:30:20Z

Explore the details of Senate Bill 3476 American Investment Accountability Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3476

Primary Policy Focus

Alternate Title(s) of Bill S 3476

American Investment Accountability ActAmerican Investment Accountability ActA bill to monitor United States investments in entities that are controlled by foreign adversaries, and for other purposes.

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Sponsors and Cosponsors of S 3476

Marco Rubio

Florida(Republican)

Rick Scott

Florida(Republican)

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