Exposing China’s Belt and Road Investment in America Act of 2023

Hozzl · 2024-02-06T19:38:08Z

Explore the details of House Bill 5926 Exposing China’s Belt and Road Investment in America Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

2/6/2024, 7:38 PM

Congressional Summary of HR 5926

Exposing China's Belt and Road Investment in America Act of 2023

This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States.

Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.

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Current Status of Bill HR 5926

Bill HR 5926 is currently in the status of Bill Introduced since October 11, 2023. Bill HR 5926 was introduced during Congress 118 and was introduced to the House on October 11, 2023. Bill HR 5926's most recent activity was Referred to the Subcommittee on Innovation, Data, and Commerce. as of November 3, 2023