Bill
Bill > S1048
summary
Introduced
03/25/2021
03/25/2021
In Committee
03/25/2021
03/25/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To require disclosure by Federal contractors of contracts with Chinese entities, and for other purposes.
AI Summary
This bill, the Federal Acquisition and Contracting Transparency Act of 2021 or the FACT Act, requires federal contractors to disclose any contracts or commercial ties they, their first-tier subcontractors, or related entities have with entities owned, controlled, or influenced by the government of China, the Chinese Communist Party, or the Chinese military. The bill also requires the General Services Administration to establish and maintain a public database containing this disclosure information. Key terms like "covered entity" and "covered information" are defined in the bill to clarify the scope of the disclosure requirements.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 03/25/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/1048/all-info |
| BillText | https://www.congress.gov/117/bills/s1048/BILLS-117s1048is.pdf |
| Bill | https://www.congress.gov/117/bills/s1048/BILLS-117s1048is.pdf.pdf |
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