US HB8197 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 11 2020 - 25% progression, died in committee
Action: 2020-09-11 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requires the Securities and Exchange Commission (SEC) to report on whether certain disclosures by an issuer of securities organized under the laws of China are necessary or appropriate under investor protection and fair dealing requirements. Specifically, the SEC must report on the necessity of disclosures by these issuers regarding their material financial support for certain Chinese policies or plans, material financial support received from China, and certain individuals' involvement with the Chinese government. If these disclosures are found to be necessary or appropriate, the SEC must prescribe regulations requiring such disclosures.

Tracking Information

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Title

Transparency in Chinese Government Investment Act of 2020

Sponsors


History

DateChamberAction
2020-09-11HouseReferred to the House Committee on Financial Services.
2020-09-11HouseIntroduced in House

Same As/Similar To

HB7924 (Related) 2020-08-04 - Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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