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Sanctions on Chinese Military and Surveillance Companies

This act aims to strengthen financial sanctions against Chinese companies linked to the military and surveillance. This means that U.S. companies and citizens will have limited opportunities to invest in these Chinese entities, potentially impacting global financial markets and the availability of certain products.
Key points
Expanded Investment Ban: New rules will cover not only publicly traded securities but also other forms of financing, such as debt and equity.
Increased Sanction Effectiveness: The act aims to make it harder for Chinese companies to circumvent existing restrictions and ensure sanctions are more difficult to challenge in court.
Impact on Global Transactions: Non-U.S. companies may also be deterred from dealing with sanctioned Chinese entities, potentially leading to broader economic consequences.
Sunset Clause: Sanctions will terminate after 7 years or earlier if the President determines the national emergency has ended.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_5326
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2021-09-22
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Chinese Military and Surveillance Company Sanctions Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5326.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-09-22.

What are the main provisions?

Key points include:

  • Expanded Investment Ban: New rules will cover not only publicly traded securities but also other forms of financing, such as debt and equity.
  • Increased Sanction Effectiveness: The act aims to make it harder for Chinese companies to circumvent existing restrictions and ensure sanctions are more difficult to challenge in court.
  • Impact on Global Transactions: Non-U.S. companies may also be deterred from dealing with sanctioned Chinese entities, potentially leading to broader economic consequences.
  • Sunset Clause: Sanctions will terminate after 7 years or earlier if the President determines the national emergency has ended.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Barr, Andy [R-KY-6].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Security