HR 5326 117th Congress House International Affairs Asia China Civil actions and liability Congressional oversight Foreign property Intelligence activities, surveillance, classified information Presidents and presidential powers, Vice Presidents Sanctions Securities

Chinese Military and Surveillance Company Sanctions Act of 2021

Introduced: September 22, 2021 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 22, 2021

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.

Sep 22, 2021

Introduced in House

Plain-English summary Congressional Research Service

Chinese Military and Surveillance Company Sanctions Act of 2021

This bill requires the President to impose property-blocking sanctions on Communist Chinese military companies upon certain findings.

Specifically, if the President determines that imposing sanctions on a foreign person would address certain threats related to the financing of Chinese Communist military companies, the President must impose sanctions on that person provided that the person is identified (1) as a Communist Chinese military company in a specified report to Congress or in a November 17, 2020, executive order, or (2) by the Department of the Treasury as having engaged in transactions in the publicly traded securities (or derivatives) of a Communist Chinese military company.

What's happening now September 22, 2021

Committees of jurisdiction 2