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American Financial Markets Integrity and Security Act

Introduced: March 3, 2021 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
Mar 3, 2021
Read twice and referred to the Committee on Finance.
Mar 3, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

American Financial Markets Integrity and Security Act

This bill generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities.

Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies.

What's happening now March 3, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 4