American Investment Accountability Act

This bill requires U.S. agencies to track and report on investments by American businesses into countries designated as "countries of concern" (like China, Russia, Iran, and North Korea) and entities tied to those nations. The Commerce Department, Treasury, and Securities and Exchange Commission must submit quarterly reports detailing the value and volume of direct investments (over $5 million per transaction) and portfolio investments (over $10 million per transaction), broken down by sector and U.S. state. Reports must also account for investments routed through offshore financial centers and cover specific activities like corporate spin-offs, joint ventures, or acquisitions involving "covered entities." The bill focuses solely on transparency and data collection, not on restricting investments or imposing new financial penalties.