118th Congress · SENATE BILLBILL

S. 2069 — Exposing China’s Belt and Road Investment in America Act of 2023

“A bill to require the review by the Committee on Foreign Investment in the United States of greenfield investments by the People's Republic of China.”

Foreign trade and international finance

Introduced Jun 21, 2023

Last action Jun 21, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 21, 2023

Step 2

Referred

Jun 21, 2023

Banking, Housing, and Urban Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill 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.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jun 21, 2023

Introduced in Senate

Jun 21, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.