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Exposing China’s Belt and Road Investment in America Act of 2023
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.
Read the Full Bill
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
Bipartisan Support of Bill HR 5926
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
0Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5926
Primary Policy Focus
Foreign Trade and International FinanceAlternate Title(s) of Bill HR 5926
Exposing China’s Belt and Road Investment in America Act of 2023
Exposing China’s Belt and Road Investment in America Act of 2023
To require the review by the Committee on Foreign Investment in the United States of greenfield investments by the People's Republic of China.
Comments
Sponsors and Cosponsors of HR 5926
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