US Congress Senate Bill 3323 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 14 2016 - 25% progression, died in committee
Action: 2016-09-14 - Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S5723-5724)
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

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.

State-Owned Entity Transparency and Accountability Reform Act of 2016

Sen. Chuck Grassley [R-IA]

Date	Chamber	Action
2016-09-14	Senate	Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S5723-5724)

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/3323/all-info
Text	https://www.congress.gov/114/bills/s3323/BILLS-114s3323is.pdf