American Ownership and Resilience Act
American Ownership and Resilience Act
Plain Language Summary
# American Ownership and Resilience Act (S 1645) Summary **What the Bill Would Do** The American Ownership and Resilience Act is currently in committee and has not yet been voted on by the full Senate. Based on its title and sponsorship, the bill appears intended to address ownership structures and supply chain resilience in the American economy, though specific provisions are not detailed in the available information. Senator Chris Van Hollen (D-MD) introduced this legislation in the 119th Congress. **Current Status** As of now, the bill remains in committee review, meaning it has not advanced far enough in the legislative process for a full floor vote.
Without access to the bill's detailed text and provisions, a complete assessment of who it affects and what specific changes it would make cannot be provided. Interested parties can access the full bill text through Congress.gov for comprehensive details on its specific proposals and requirements.
Latest Action
Read twice and referred to the Committee on Finance.