S 3038
117th Congress
Senate
Foreign Trade and International Finance
Asia
China
Corporate finance and management
Foreign and international corporations
Government information and archives
Industrial facilities
Real estate business
U.S. and foreign investments
Exposing China’s Belt and Road Investment in America Act of 2021
Introduced: October 21, 2021
Introduced by:
Kennedy, John
Republican
· Louisiana
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 21, 2021
Introduced in Senate
Plain-English summary
Exposing China's Belt and Road Investment in America Act of 2021
This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States.
Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1