Sovereign Wealth Fund Transparency Act

Hozzl · 2025-05-06T03:53:15Z

Explore the details of Senate Bill 1488 Sovereign Wealth Fund Transparency Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

5/6/2025, 3:53 AM

Summary of Bill S 1488

The "Sovereign Wealth Fund Transparency Act" (S. 1488) was introduced in the 119th Congress on April 10, 2025. The bill aims to enhance transparency regarding sovereign wealth funds by potentially providing requirements for reporting and disclosure. Specific provisions and directives outlined in the bill include measures to increase public access to information related to these funds. Further details and the full text of the bill can be accessed via the official PDF version at https://www.congress.gov/119/bills/s1488/BILLS-119s1488is.pdf.

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Current Status of Bill S 1488

Bill S 1488 is currently in the status of Bill Introduced since April 10, 2025. Bill S 1488 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025. Bill S 1488's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of April 10, 2025

Bipartisan Support of Bill S 1488

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Policy Area and Potential Impact of Bill S 1488

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Alternate Title(s) of Bill S 1488

A bill to amend the Foreign Agents Registration Act of 1938, as amended, to clarify the exemption relating to commercial activities, to grant the Attorney General authority to issue civil investigative demands under that Act, and to create civil penalties for failure to meet the registration requirements under that Act, and for other purposes.