# 119-s-2384: American Investment Accountability Act

119-s-2384, American Investment Accountability Act, is a 119th Congress bill sponsored by Sen. Scott, Rick [R-FL] (R-FL); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2384
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2384
- Congress: 119
- Title: American Investment Accountability Act
- Status: introduced
- Introduced: 2025-07-22
- Sponsor: Sen. Scott, Rick [R-FL] (R-FL)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**This bill would create a government-wide reporting system to track U.S. investments in companies tied to foreign adversary countries.** It would force Commerce, the Treasury, and the Securities and Exchange Commission to regularly disclose where U.S. capital flows into entities connected to countries of concern, including China, Russia, Iran, North Korea, Cuba, and Venezuela. - Businesses and investors: Would surface investment links for U.S. firms and investors by requiring data on direct and portfolio investments, including transactions routed through offshore financial centers and ownership stakes at or above 25 percent. - Congress and agencies: Would require Commerce, the Treasury, and the SEC to deliver reports to specified congressional committees one year after enactment and then every 90 days, with data broken down by sector and state of origin. - Market transactions tracked: Would make the SEC report on spin-offs, joint ventures, mergers and acquisitions, expanded operations above $5 million in a single transaction or $10 million in aggregate, and other direct investments. The Treasury would report portfolio flows and activity in public offerings and secondary trading.

## Provisions PRIA read

- Quarterly reports on foreign-linked investments: benefit, low. This bill would require Commerce, Treasury, and the SEC to send reports to Congress. The first reports would be due within one year and cover the prior 12 months. After that, reports would come every 90 days and cover the prior 90 days. Reports must show direct investments (single transactions over…
- Which companies and people are covered: mixed, medium. This bill would define which U.S. firms and which people count for the reporting rules. A "covered United States business" would be a firm organized under U.S. law or a foreign firm with at least 25% U.S. ownership. Small businesses that meet the Small Business Act test would be excluded. The bill…
- Which countries, lists, and offshore centers: mixed, medium. This bill would name which foreign governments and lists trigger reporting. It would call certain nations "countries of concern," including China (including Hong Kong and Macau), Russia, Iran, North Korea, Cuba, and Venezuela. It would also list specific U.S. sanctions lists agencies must use. The…

## Related bills

- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-1748: Kids Online Safety Act
- 119-s-4782: ReportScams.gov Act
- 119-s-4280: SAFE Act
- 119-s-690: Overdose RADAR Act

## Sources
- [119-s-2384 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2384)

## Related
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4782: ReportScams.gov Act](https://policyrisk.com/legislation/119-s-4782)
- [119-s-4280: SAFE Act](https://policyrisk.com/legislation/119-s-4280)
- [119-s-690: Overdose RADAR Act](https://policyrisk.com/legislation/119-s-690)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2384 (as of 2025-12-21).