Bill > S3582

This bill, the "Our Money in China Transparency Act," requires annual reporting on the availability of federal funds to persons and entities in China, as well as activities conducted in collaboration with China. The bill defines key terms such as "Chinese person or entity" and "United States entity." It mandates the Director of the Office of Management and Budget and the heads of federal departments and agencies to include specific information in their budget submissions, such as the amounts made available to Chinese entities, federal programs conducted in partnership with China, and any joint or collaborative efforts between the United States and China. The initial report must include this information for the 10 preceding fiscal years.