DITCH Act

This bill restricts tax-exempt organizations (like charities and nonprofits) from holding investments in Chinese companies designated as "disqualified" under the law. A company is disqualified if incorporated in China, controlled by Chinese government entities (including sub-national governments or the Communist Party), or with over 10% ownership by such entities. Organizations must annually report holdings of these companies and obtain Treasury waivers for exceptions, which require justification that the investment need outweighs national security concerns. The Treasury must publish lists of disqualified investments and approved waivers quarterly.