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A bill to require the Director of National Intelligence to prepare and make available a report on the wealth and corrupt activities of the leadership of the Chinese Communist Party, and for other purposes.

6/13/2024, 10:56 AM

Summary of Bill S 4520

Bill 118 s 4520, also known as the "Chinese Communist Party Wealth and Corruption Report Act," is a proposed piece of legislation that aims to hold the leadership of the Chinese Communist Party accountable for their wealth and corrupt activities. The bill specifically requires the Director of National Intelligence to prepare and release a report detailing the financial assets and corrupt behaviors of the Chinese Communist Party leadership.

The purpose of this bill is to increase transparency and awareness of the potential corruption within the Chinese Communist Party, which could have significant implications for US national security and foreign policy. By shining a light on the wealth and corrupt activities of the CCP leadership, the United States can better understand the motivations and actions of this influential political entity.

If passed, this bill would require the Director of National Intelligence to compile information on the financial holdings, investments, and business dealings of top Chinese Communist Party officials. This report would be made available to Congress and the public, providing valuable insights into the inner workings of the CCP leadership. Overall, the Chinese Communist Party Wealth and Corruption Report Act seeks to promote accountability and transparency within the Chinese government, while also informing US policymakers and the public about the potential risks and challenges posed by the CCP's leadership.

Current Status of Bill S 4520

Bill S 4520 is currently in the status of Bill Introduced since June 12, 2024. Bill S 4520 was introduced during Congress 118 and was introduced to the Senate on June 12, 2024.  Bill S 4520's most recent activity was Read twice and referred to the Select Committee on Intelligence. as of June 12, 2024

Bipartisan Support of Bill S 4520

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 4520

Primary Policy Focus

Alternate Title(s) of Bill S 4520

A bill to require the Director of National Intelligence to prepare and make available a report on the wealth and corrupt activities of the leadership of the Chinese Communist Party, and for other purposes.
A bill to require the Director of National Intelligence to prepare and make available a report on the wealth and corrupt activities of the leadership of the Chinese Communist Party, and for other purposes.

Comments

Sponsors and Cosponsors of S 4520

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