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HR 747 118th Congress House Finance and Financial Sector Asia China Securities U.S. and foreign investments

No Chinese Communist SURPRISE Parties Act

Introduced: February 2, 2023 Introduced by: Tenney, Claudia Republican · New York See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 2, 2023
Referred to the House Committee on Financial Services.
Feb 2, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

No Chinese Communist Subterfuge via Unregistered Regime Presence Rendered Invisible to Shareholders and Equivalent Parties Act or the No Chinese Communist SURPRISE Parties Act

This bill requires issuers of securities to annually disclose whether the issuer has established or maintained an organization of the Chinese Communist Party, if an organization of the Chinese Communist Party has participated in the operations of the issuer, and whether the issuer's board of directors (1) owes a fiduciary duty to the issuer and shareholders, and (2) is subject to heightened scrutiny with respect to conflicted controller transactions.

What's happening now February 2, 2023

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • S 144 Identical bill No Chinese Communist SURPRISE Parties Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 2
R
Babin, Brian
Texas · Feb 17, 2023
Santos, George
· Feb 9, 2023
 R
Miller, Max L.
Ohio · Feb 2, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 747: No Chinese Communist SURPRISE Parties Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-747/
MLA
"H.R. 747: No Chinese Communist SURPRISE Parties Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-747/.
Bluebook (legal)
H.R. 747, 118th Cong. (2026), https://openamerica.io/bill/118-HR-747/.
Markdown link
[H.R. 747: No Chinese Communist SURPRISE Parties Act](https://openamerica.io/bill/118-HR-747/)
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