Pipeline · Bill → Law
Step 1
Introduced
Jul 12, 2023
Step 2
Referred
Jul 12, 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 imposes sanctions on specified Chinese companies and individuals. Specifically, the Department of the Treasury must add certain companies, such as the Beijing Nanjiang Aerospace Technology Company and the Dongguan Lingkong Remote Sensing Technology Company, to the Non-SDN Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control (OFAC). (Companies on this list are subject to certain restrictions, including prohibitions on U.S. persons engaging in transactions involving the publicly traded securities of the company.) Treasury must also add certain individuals, such as Wu Zhe, professor of aeronautics at Beihang University, to the Special...
Timeline · 2 actions
Jul 12, 2023
Introduced in Senate
Jul 12, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.