PRC Military and Human Rights Capital Markets Sanctions Act of 2024

Bill 118 hr 7759, also known as the PRC Military and Human Rights Capital Markets Sanctions Act of 2024, is a piece of legislation introduced in the US Congress. The purpose of this bill is to impose sanctions on individuals and entities that are involved in the People's Republic of China's (PRC) military activities and human rights abuses.

The bill specifically targets individuals and entities that are involved in the development, production, or deployment of weapons by the PRC military, as well as those who are responsible for human rights violations in China. These sanctions include restrictions on travel to the United States, freezing of assets, and prohibitions on financial transactions.

Additionally, the bill requires the Secretary of State to submit a report to Congress detailing the individuals and entities that have been sanctioned under this legislation. The report must also include information on the impact of these sanctions on the PRC's military and human rights activities. Overall, the PRC Military and Human Rights Capital Markets Sanctions Act of 2024 aims to hold individuals and entities accountable for their involvement in the PRC's military and human rights abuses, and to deter future violations through targeted sanctions.