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S. 3323: State-Owned Entity Transparency and Accountability Reform Act of 2016

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S. 3323: State-Owned Entity Transparency and Accountability Reform Act of 2016

114th Congress · introduced 2016-09-14 · Law · Latest: Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S5723-5724)

federal

Follow this bill, step by step

  1. Where it came from: introduced 2016-09-14 · official record
  2. Who proposed it: Sen. Grassley, Chuck [R-IA] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S5723-5724) Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

State-Owned Entity Transparency and Accountability Reform Act of 2016

Plain summary

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.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

State-Owned Entity Transparency and Accountability Reform Act of 2016

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Grassley, Chuck [R-IA] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Sen. Grassley, Chuck [R-IA] reported raising $527,998 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Jurisdiction
The area or the matters a government or court has authority over.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-s3323 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114