Pipeline · Bill → Law
Step 1
Introduced
Dec 12, 2023
Step 2
Referred
Dec 12, 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 requires periodic reporting on U.S. business and investment activity in countries of concern (i.e., China, Russia, Iran, North Korea, Cuba, and Venezuela) and with covered entities. Under the bill, a covered entity (1) is an entity headquartered in, is subject to the jurisdiction of, or is owned or controlled by a country of concern; (2) is partially or wholly owned by a sanctioned entity; (3) has a subsidiary or parent organization headquartered in, or is subject to the jurisdiction of, a country of concern; or (4) has a specified interest in a sanctioned entity. The Department of Commerce must report on the value of direct investments by U.S. persons in countries of concern and...
Timeline · 3 actions
Dec 12, 2023
Introduced in House
Dec 12, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.
Dec 12, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.