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SMART SALE Act of 2013

Introduced: January 14, 2013 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2013
Referred to the Subcommittee on Energy and Power.
Jan 14, 2013
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 14, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Stop Mergers, Acquisitions, and Risky Takeovers Supplied by American Labor and Entrepreneurship Act of 2013 or the SMART SALE Act of 2013 - Requires any person, company, institution, or other entity engaged in interstate commerce that owns, licenses, or otherwise holds an interest in a federally-funded technology, or to which federal energy research and development funding has been obligated by a federal agency (covered entity), to notify the Secretary of Energy (DOE) not later than seven days after entering into negotiations for any proposed or pending merger, acquisition, takeover, or other transfer that could result in control of such covered entity by: (1) the government of the Peoples's Republic of China, the Democratic People's Republic of Korea, or a country that is a state sponsor of terrorism or that provides sanctuary to a foreign terrorist organization; (2) a citizen of such a country who owes permanent allegiance to such country; or (3) a corporation or other legal entity which is 50% owned by a citizen of such a country.

What's happening now January 18, 2013

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Republican 2