S 4051
117th Congress
Senate
Finance and Financial Sector
Protecting American Capital Act of 2022
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 7, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 7, 2022
Introduced in Senate
Plain-English summary
Protecting American Capital Act of 2022
This bill requires the Department of the Treasury to annually report to Congress on portfolio investments made by U.S. persons in China. The report must include
- the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and
- the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million.
The initial report must include investment information back to January 1, 2008.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1