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S 2069 118th 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 2023

Introduced: June 21, 2023 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
Jun 21, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 21, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Exposing China's Belt and Road Investment in America Act of 2023

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 June 21, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1