arrow_back Back to App

Increased Investor Transparency: Companies Must Disclose Chinese Communist Party Ties.

This bill mandates that companies filing annual reports with the SEC must disclose any presence or operational involvement of Chinese Communist Party organizations within their structure, subsidiaries, or joint ventures. This change provides shareholders (citizens) with critical information about potential political risks and conflicts of interest, enabling better-informed investment choices. The goal is to enhance capital market transparency.
Key points
Requires companies to disclose in annual reports if they or their partners maintain Chinese Communist Party organizations.
Companies must summarize the participation of any such organizations in their operations.
Increases transparency for investors regarding potential political influence and conflicts of interest.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_144
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-01-30
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

No Chinese Communist SURPRISE Parties Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_144.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-01-30.

What are the main provisions?

Key points include:

  • Requires companies to disclose in annual reports if they or their partners maintain Chinese Communist Party organizations.
  • Companies must summarize the participation of any such organizations in their operations.
  • Increases transparency for investors regarding potential political influence and conflicts of interest.
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 Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Security