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Protecting American Capital Act of 2022
12/29/2022, 11:48 PM
Congressional Summary of S 4051
Protecting American Capital Act of 2022
This bill requires the Department of the Treasury to annually report to Congress on portfolio investments made by U.S. persons in China. The report must include
- the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and
- the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million.
The initial report must include investment information back to January 1, 2008.
Read the Full Bill
Current Status of Bill S 4051
Bill S 4051 is currently in the status of Bill Introduced since April 7, 2022. Bill S 4051 was introduced during Congress 117 and was introduced to the Senate on April 7, 2022. Bill S 4051's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 7, 2022
Bipartisan Support of Bill S 4051
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4051
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 4051
Protecting American Capital Act of 2022
Protecting American Capital Act of 2022
A bill to require an annual report on United States portfolio investments in the People's Republic of China, and for other purposes.
Comments
Sponsors and Cosponsors of S 4051
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