AFAC Act

This bill requires federal contractors to disclose any current or recent contracts (within the past three years) with entities tied to the Chinese government, military, or Communist Party. Contractors must report details like the entity name, relationship to China's government, contract terms, and dates, updating disclosures within 30 days of new ties. The government must create a public database of these disclosures within 180 days of the bill's passage. It directly affects companies seeking or holding federal contracts by mandating transparency about their commercial relationships with specified Chinese entities. The law aims to increase visibility into federal contracting ties with entities linked to China's government or military policies.