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Transparency in Chinese Government Investment Act of 2020

Introduced: September 11, 2020 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 11, 2020
Referred to the House Committee on Financial Services.
Sep 11, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Transparency in Chinese Government Investment Act of 2020

This bill requires the Securities and Exchange Commission (SEC) to report on whether certain disclosures by an issuer of securities organized under the laws of China are necessary or appropriate under investor protection and fair dealing requirements. Specifically, the SEC must report on the necessity of disclosures by these issuers regarding their material financial support for certain Chinese policies or plans, material financial support received from China, and certain individuals' involvement with the Chinese government. If these disclosures are found to be necessary or appropriate, the SEC must prescribe regulations requiring such disclosures.

What's happening now September 11, 2020

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1