Our Money in China Transparency Act

HR 6426, the "Our Money in China Transparency Act," requires federal agencies to annually report detailed spending data on U.S. funds connected to China. Agencies must break down payments by specific recipient types - such as Chinese entities, U.S.-China joint projects, and U.S. organizations operating in China - disaggregated by each recipient or project. The first report must cover the previous decade of data, starting from the bill's enactment. This creates transparency requirements for federal funding involving China, as defined by the bill's specific categories.