HR 7757
118th Congress
House
Finance and Financial Sector
China Risk Reporting Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2024
Referred to the House Committee on Financial Services.
Mar 20, 2024
Introduced in House
Plain-English summary
China Risk Reporting Act
This bill requires publicly traded companies to report on specified connections to and reliance on supply chains in specified foreign markets, including China, Taiwan, and Japan. In particular, companies must describe their risk associated with (1) a significant disruption to the economic relations between China and the United States; (2) disruptions resulting from Chinese military action against Taiwan; and (3) exposure to material financial consequences caused by China, the Chinese Communist Party, or firms or other entities operating in China. Companies must also report any actions taken to minimize this risk.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1