HR 5326 United States House · 117th Congress

Chinese Military and Surveillance Company Sanctions Act of 2021

Summary

Chinese Military and Surveillance Company Sanctions Act of 2021 This bill requires the President to impose property-blocking sanctions on Communist Chinese military companies upon certain findings. Specifically, if the President determines that imposing sanctions on a foreign person would address certain threats related to the financing of Chinese Communist military companies, the President must impose sanctions on that person provided that the person is identified (1) as a Communist Chinese military company in a specified report to Congress or in a November 17, 2020, executive order, or (2) by the Department of the Treasury as having engaged in transactions in the publicly traded securities (or derivatives) of a Communist Chinese military company.

Bill status in committee 1 of 4 stages cleared

Introduction

Sep 2021

Committee Review

Floor Vote

President

Introduced Sep 22, 2021 Last action Sep 22, 2021

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Full legislative history

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Committee

Sep 22, 2021

Committee

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Sep 22, 2021

Introduced

Introduced in House

lower

1 primary · 21 co-sponsors