Expressing support for the designation of June 12, 2023, as "Women Veterans Appreciation Day".
- Last Action
- 6/12/2023
Actions
- 2023-01-25Referred to the House Committee on Financial Services.
- 2023-01-25Introduced in House
- 2023-01-25Introduced in House
CRS Summary
As of 2023-01-25 (00)
Securing American Families and Enterprises from People's Republic of China Investments Act or the SAFE from PRC Investments Act
This bill requires certain issuers of securities and funds traded on an exchange to report on connections to China or the Communist Party of China. In particular, an issuer with specified connections to China must annually disclose a variety of details, including
- whether executive-level employees, senior directors, or board members are members of the Communist Party of China;
- interactions with the party;
- expenditures in China;
- expenditures in the United States regarding operations and lobbying activities; and
- the ability of the Public Company Accounting Oversight Board to audit the issuer.
Additionally, an exchange-traded fund that invests in a Chinese company must annually disclose about that company
- ownership information,
- party involvement,
- whether the company participates in specified Chinese policies or activities,
- any ties to U.S.-sanctioned individuals, and
- the types of products or services produced by the company.
Cosponsors (7)
- Jake Ellzey (R-TX)
- Ronny Jackson (R-TX)
- Mark Amodei (R-NV)
- Doug LaMalfa (R-CA)
- Michael Waltz (R-FL)
- Monica De La Cruz (R-TX)
- Byron Donalds (R-FL)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.