summary
Introduced
03/16/2023
03/16/2023
In Committee
03/16/2023
03/16/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To require an annual report on United States portfolio investments in the People’s Republic of China, and for other purposes.
AI Summary
This bill, the Protecting American Capital Act of 2023, requires the Secretary of the Treasury to submit an annual report to Congress on portfolio investments made by U.S. persons (citizens, permanent residents, and U.S. entities) in the People's Republic of China, including investments routed through other jurisdictions. The report must assess the involvement of different types of U.S. persons, such as state pension funds, and Chinese entities receiving the investments, including those subject to U.S. sanctions or receiving over $100 million. The reporting period covers 2008 to the present, with each subsequent report covering the previous one-year period.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/16/2023)
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/118th-congress/senate-bill/860/all-info |
| BillText | https://www.congress.gov/118/bills/s860/BILLS-118s860is.pdf |
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