US HB221 | 2013-2014 | 113th Congress


Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 14 2013 - 25% progression, died in committee
Action: 2013-01-18 - Referred to the Subcommittee on Energy and Power.
Pending: House Subcommittee on Energy and Power Committee
Text: Latest bill text (Introduced) [PDF]


Stop Mergers, Acquisitions, and Risky Takeovers Supplied by American Labor and Entrepreneurship Act of 2013 or the SMART SALE Act of 2013 - Requires any person, company, institution, or other entity engaged in interstate commerce that owns, licenses, or otherwise holds an interest in a federally-funded technology, or to which federal energy research and development funding has been obligated by a federal agency (covered entity), to notify the Secretary of Energy (DOE) not later than seven days after entering into negotiations for any proposed or pending merger, acquisition, takeover, or other transfer that could result in control of such covered entity by: (1) the government of the Peoples's Republic of China, the Democratic People's Republic of Korea, or a country that is a state sponsor of terrorism or that provides sanctuary to a foreign terrorist organization; (2) a citizen of such a country who owes permanent allegiance to such country; or (3) a corporation or other legal entity which is 50% owned by a citizen of such a country.

Tracking Information

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SMART SALE Act of 2013



2013-01-18HouseReferred to the Subcommittee on Energy and Power.
2013-01-14HouseReferred to House Science, Space, and Technology
2013-01-14HouseReferred to House Energy and Commerce
2013-01-14HouseReferred to the Committee on Energy and Commerce, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


US Congress State Sources

Bill Comments 750