Hold CCP Accountable Act of 2022

Hold CCP Accountable Act of 2022

This bill imposes certain restrictions related to China.

For example, the bill (1) generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to U.S. national security or foreign policy interests; (2) withdraws normal trade relations treatment from China and expands the bases of ineligibility for this treatment to include specified human rights violations by China; and (3) requires the Department of the Treasury to instruct the U.S. executive directors at certain multilateral development banks, such as the Asian Development Bank, to oppose providing a loan, financial assistance, or technical assistance to China.

Bill 117 HR 7457, also known as the Hold CCP Accountable Act of 2022, is a piece of legislation introduced in the US Congress. The purpose of this bill is to hold the Chinese Communist Party (CCP) accountable for its actions and human rights abuses.

The bill includes several key provisions. Firstly, it calls for the imposition of sanctions on individuals and entities affiliated with the CCP who are involved in human rights violations, including forced labor, religious persecution, and suppression of freedom of speech. These sanctions may include asset freezes, travel bans, and restrictions on financial transactions.

Additionally, the bill requires the US government to report annually on the CCP's human rights abuses and provide support to organizations that are working to promote human rights and democracy in China. It also calls for increased coordination with international partners to address the CCP's actions. Overall, the Hold CCP Accountable Act of 2022 aims to send a strong message to the CCP that the United States will not tolerate human rights abuses and will take action to hold those responsible accountable. It reflects a bipartisan effort to address the ongoing challenges posed by the CCP and protect human rights both domestically and internationally.