118th Congress · HOUSE BILLBILL

H.R. 7758 — No China in Index Funds Act

“To prohibit index funds from investing in Chinese companies, and for other purposes.”

Finance and financial sector

Introduced Mar 20, 2024

Last action Mar 20, 2024

Pipeline · Bill → Law

Step 1

Introduced

Mar 20, 2024

Step 2

Referred

Mar 20, 2024

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits index funds from investing in Chinese companies. Index funds with investments in Chinese companies on the date of enactment have 180 days to divest. The bill establishes civil penalties for violations.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 20, 2024

Introduced in House

Mar 20, 2024

Referred to the House Committee on Financial Services.