American Ownership and Resilience Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1645 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1645 To establish a domestic ownership investment facility, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 7, 2025 Mr. Van Hollen (for himself, Mr. Moran, Ms. Baldwin, Mr. Young, Mrs. Shaheen, Mr. Schmitt, and Mr. Welch) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To establish a domestic ownership investment facility, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``American Ownership and Resilience Act''. SEC. 2. DEFINITIONS. In this Act: (1) 1940 act company.--The term ``1940 Act Company'' means an investment company subject to registration under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.). (2) 1980 act company.--The term ``1980 Act Company'' means an inv…