118th Congress · HOUSE BILLBILL

H.R. 7759 — PRC Military and Human Rights Capital Markets Sanctions Act of 2024

“To prohibit the purchase of certain securities from covered entities, 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 U.S. persons from investing in securities issued by certain sanctioned and otherwise restricted entities, including Chinese military companies and Chinese entities sanctioned for human rights abuses or corruption. The bill establishes divestment deadlines and criminal and civil penalties for violations of the bill.

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.