US SB4454 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on August 5 2020 - 25% progression, died in committee
Action: 2020-08-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 5 2020 - 25% progression, died in committee
Action: 2020-08-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States. Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.
Title
Exposing China’s Belt and Road Investment in America Act of 2020
Sponsors
Sen. John Kennedy [R-LA] |
History
Date | Chamber | Action |
---|---|---|
2020-08-05 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Asia
China
Corporate finance and management
Foreign and international corporations
Foreign trade and international finance
Government information and archives
Industrial facilities
Real estate business
U.S. and foreign investments
China
Corporate finance and management
Foreign and international corporations
Foreign trade and international finance
Government information and archives
Industrial facilities
Real estate business
U.S. and foreign investments
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/4454/all-info |
Text | https://www.congress.gov/116/bills/s4454/BILLS-116s4454is.pdf |