American Investment Accountability Act

The American Investment Accountability Act requires the Commerce Department, Treasury, and Securities and Exchange Commission to submit regular reports to Congress about U.S. investments in countries of concern (including China, Russia, Iran, North Korea, Cuba, and Venezuela) and entities tied to those countries. These reports must detail the value and volume of direct and portfolio investments, broken down by industry sector and U.S. state, while accounting for investments routed through offshore financial centers. The law applies to non-small U.S. businesses making such investments, with the first reports due within one year and subsequent reports every 90 days. This bill adds transparency requirements without restricting investments, providing Congress with detailed data on investment patterns.