US HB7924 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on August 4 2020 - 25% progression, died in committee
Action: 2020-08-04 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 4 2020 - 25% progression, died in committee
Action: 2020-08-04 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires an issuer of securities to disclose in certain annual reports and in an initial public offering involvement with China. Specifically, issuers must report participation in certain Chinese policies or plans, financial support from China, and certain individuals' involvement with the Chinese government.
Title
Transparency in Chinese Government Investment Act of 2020
Sponsors
| Rep. Garland Barr [R-KY] | Rep. Michael McCaul [R-TX] | Rep. Denver Riggleman [R-VA] | Rep. Liz Cheney [R-WY] |
| Rep. Elise Stefanik [R-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-08-04 | House | Referred to the House Committee on Financial Services. |
| 2020-08-04 | House | Introduced in House |
Same As/Similar To
HB8197 (Related) 2020-09-11 - Referred to the House Committee on Financial Services.
Subjects
Asia
Business records
China
Computers and information technology
Corporate finance and management
Finance and financial sector
Foreign and international corporations
Government information and archives
Government lending and loan guarantees
Industrial policy and productivity
Intellectual property
Internet and video services
Manufacturing
Military civil functions
Political parties and affiliation
Public contracts and procurement
Research administration and funding
Research and development
Securities
Business records
China
Computers and information technology
Corporate finance and management
Finance and financial sector
Foreign and international corporations
Government information and archives
Government lending and loan guarantees
Industrial policy and productivity
Intellectual property
Internet and video services
Manufacturing
Military civil functions
Political parties and affiliation
Public contracts and procurement
Research administration and funding
Research and development
Securities
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/7924/all-info |
| Text | https://www.congress.gov/116/bills/hr7924/BILLS-116hr7924ih.pdf |
