Bill > S1360

This bill requires the Secretary of the Treasury to submit an annual report to Congress detailing portfolio investments made by United States persons in the People's Republic of China (PRC), including investments routed through other jurisdictions. The report must comprehensively assess the types of U.S. investors involved, such as state pension funds and investors making significant contributions (over 2% of total investments), as well as the Chinese entities receiving these investments. The assessment will cover individual economic sectors like housing, identify any Chinese entities under U.S. sanctions that receive investments, and highlight entities receiving over $100 million. The first report will cover the period from January 1, 2008, through the report's submission date, with subsequent reports covering the preceding year. The bill defines "United States person" as U.S. citizens, permanent residents, or entities organized under U.S. laws, and "Chinese entity" as organizations established under PRC law or subject to the Chinese government's jurisdiction. This legislation aims to provide transparency and oversight of U.S. investment activities in China.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/1360/all-info