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HR 1137 117th Congress House International Affairs Asia China Foreign and international corporations Presidents and presidential powers, Vice Presidents Sanctions War and emergency powers

Opposing Business with Chinese Military Companies Act

Introduced: February 18, 2021 Introduced by: Jackson, Ronny Republican · Texas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 18, 2021
Referred to the House Committee on Foreign Affairs.
Feb 18, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Opposing Business with Chinese Military Companies Act

This bill requires the President to exercise certain economic powers, such as investigating or prohibiting payments, with respect to an entity that is engaging in economic activities in the United States and is (1) affiliated with China's government or military, or (2) owned or controlled by an entity affiliated with China's defense industrial base. (The President currently has such powers but is not required to exercise them.)

The bill extends to December 31, 2026, a provision requiring the Department to Defense to annually report to Congress an updated list of such entities.

What's happening now February 18, 2021

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1