DITCH Act
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Dump Investments in Troublesome Communist Holdings Act or the DITCH Act
This bill denies an organization a tax exemption if it holds any interest in a disqualified Chinese company or fails to timely transmit required annual reports. A disqualified Chinese company is any corporation incorporated in China, or that invests more than 10% of its stock in certain Chinese entities, including entities controlled by the Chinese Communist Party.
The Department of the Treasury may grant organizations a waiver of the denial of the tax exemption under specified circumstances.
Organizations that hold any interest in a disqualified Chinese company must file annual reports describing each interest held in the company, the period during which such interest was held, and whether the organization has been granted a waiver.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2750: DITCH Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2750/
"S. 2750: DITCH Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2750/.
S. 2750, 118th Cong. (2026), https://openamerica.io/bill/118-S-2750/.
[S. 2750: DITCH Act](https://openamerica.io/bill/118-S-2750/)