SENATE 860118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Protecting American Capital Act of 2023
- Last Action
- 3/16/2023
Actions
- 2023-03-16Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-03-16Introduced in Senate
CRS Summary
As of 2023-03-16 (00)
Protecting American Capital Act of 2023
This bill requires the Department of the Treasury to annually report to Congress on U.S. portfolio investments in China. The report must include
- the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and
- the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million.
The initial report must include investment information back to January 1, 2008.
Cosponsors (1)
- Jeanne Shaheen (D-NH)
Sourced from Congress.gov (public domain).
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