118th Congress · HOUSE BILLBILL

H.R. 4658STOP CCP Act of 2023

To prohibit securities investments that finance certain companies of the People's Republic of China and to expand the Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List of the Office of Foreign Assets Control, and for other purposes.

International affairs
Introduced Jul 14, 2023
Last action Jul 14, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jul 14, 2023
Step 2
Referred
Jul 14, 2023
Financial Services · Foreign Affairs
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill prohibits U.S. persons (generally individuals and entities subject to U.S. jurisdiction) from trading in publicly traded securities with certain ties to China and expands the list of Chinese entities subject to sanctions. The bill prohibits the purchase or sale, or related transaction, of securities issued by any person that operates or has operated in the defense sector or the surveillance technology sector of the economy of China. Further, the Department of the Treasury must expand the Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control to include any entity that supports the Chinese military-i...

Provisions · 5 sectionsIntroduced in House
Timeline · 3 actions
Jul 14, 2023
Introduced in House
Jul 14, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 14, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.