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A bill to restrict the Chinese Government from accessing United States capital markets and exchanges if it fails to comply with international laws relating to finance, trade, and commerce.

4/3/2024, 6:53 AM

Summary of Bill S 3945

Bill 118 s 3945, also known as the "Restricting Chinese Access to US Capital Markets Act," aims to prevent the Chinese government from accessing United States capital markets and exchanges if it does not comply with international laws related to finance, trade, and commerce. The bill seeks to hold China accountable for any violations of these laws and ensure that they are not able to benefit from US financial resources if they are not following the rules set forth by the international community.

If passed, this legislation would impose restrictions on Chinese access to US capital markets and exchanges, potentially limiting their ability to raise funds and conduct business in the United States. The bill is designed to protect US interests and ensure that China is held to the same standards as other countries when it comes to financial and trade practices.

Overall, Bill 118 s 3945 represents a significant effort to address concerns about China's behavior in the global economy and to ensure that they are held accountable for any violations of international laws. It is a proactive measure aimed at protecting US interests and promoting fair and transparent practices in the world of finance and commerce.

Current Status of Bill S 3945

Bill S 3945 is currently in the status of Bill Introduced since March 14, 2024. Bill S 3945 was introduced during Congress 118 and was introduced to the Senate on March 14, 2024.  Bill S 3945's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 14, 2024

Bipartisan Support of Bill S 3945

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3945

Primary Policy Focus

Alternate Title(s) of Bill S 3945

A bill to restrict the Chinese Government from accessing United States capital markets and exchanges if it fails to comply with international laws relating to finance, trade, and commerce.
A bill to restrict the Chinese Government from accessing United States capital markets and exchanges if it fails to comply with international laws relating to finance, trade, and commerce.

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