US SB1060 | 2021-2022 | 117th Congress


Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 25 2021 - 25% progression
Action: 2021-03-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]


Revises trade, finance, and tax provisions with respect to China. Specifically, the bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China, and it places a shareholder cap on Chinese investments in certain U.S. corporations. The bill prohibits federal agencies from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China. Further, the bill requires the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill expedites the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on this list. The bill amends the Internal Revenue Code to (1) repeal certain reduced withholding rates for residents of China, and (2) provide for the taxation of income received by China on certain U.S. investments.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.


Fair Trade with China Enforcement Act



2021-03-25SenateRead twice and referred to the Committee on Finance.


Agricultural equipment and machinery
Aviation and airports
Competitiveness, trade promotion, trade deficits
Computers and information technology
Electric power generation and transmission
Energy storage, supplies, demand
Foreign and international banking
Foreign and international corporations
Foreign trade and international finance
Free trade and trade barriers
Health technology, devices, supplies
Hong Kong
Human rights
Hybrid, electric, and advanced technology vehicles
Income tax exclusion
Income tax rates
Industrial policy and productivity
Intellectual property
Internet and video services
Internet, web applications, social media
Marine and inland water transportation
Military procurement, research, weapons development
Motor vehicles
Protest and dissent
Public contracts and procurement
Sovereignty, recognition, national governance and status
Taxation of foreign income
Technology transfer and commercialization
Telephone and wireless communication
Trade restrictions
U.S. and foreign investments
Wages and earnings

US Congress State Sources

Bill Comments