S. 3323 · 114th Congress
State-Owned Entity Transparency and Accountability Reform Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
GrassleySponsorNo cosponsors.
State-Owned Entity Transparency and Accountability Reform Act of 2016
What it does: CRS summary · Introduced in Senate · Sep 14, 2016
State-Owned Entity Transparency and Accountability Reform Act of 2016
This bill amends the federal judicial code to allow U.S. courts to hear cases against a foreign state's corporate affiliates under the exception to foreign sovereign immunity that subjects a foreign state's commercial activities to the jurisdiction of U.S. courts.
In determining whether a U.S. court has jurisdiction to hear a case based on the commercial activity of a foreign state, a commercial activity of an agency or instrumentality of a foreign state is attributable to any corporate affiliate of the agency or instrumentality that: (1) directly or indirectly owns a majority of shares of the agency or instrumentality, and (2) is also an agency or instrumentality of a foreign state.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: State-Owned Entity Transparency and Accountability Reform Act of 2016
Latest action (Sep 14, 2016): Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S5723-5724)
Policy area: Law · Origin: Senate · Introduced: Sep 14, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.