Bill > S1053

This bill establishes comprehensive restrictions on U.S. investments and transactions involving China, designed to protect national security. The FIGHT China Act of 2025 creates multiple mechanisms to limit and monitor U.S. investments in Chinese technologies, particularly in sensitive sectors like semiconductors, artificial intelligence, quantum computing, and advanced military technologies. The bill requires U.S. persons to notify the Treasury Department about certain investments in Chinese companies and prohibits investments in specific "prohibited technologies" that could pose national security risks. It establishes significant penalties for non-compliance, including civil fines up to $250,000 or twice the transaction value. The legislation also mandates the creation of a public database of covered foreign persons, requires biennial reports to Congress about investment trends and national security risks, and compels U.S. persons to divest from certain Chinese companies on a specified list within 365 days of enactment. Additionally, the bill authorizes $150 million in funding to support implementation and allows for multilateral engagement with U.S. allies to develop comparable investment restriction mechanisms. The bill's primary goal is to limit U.S. financial support for technologies and companies in China that could potentially threaten U.S. national security, with a particular focus on military, surveillance, and advanced technology sectors.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/1053/all-info