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Ban on Investing in Chinese Companies Linked to Military and Human Rights Abuses.

This law requires US citizens and residents to review and sell off (divest) any publicly traded securities, including stocks and funds, issued by Chinese entities linked to the military, sanctions lists, or human rights violations. You have 180 days from the date the government publishes the list of prohibited entities to sell these investments. Failure to comply carries severe financial and criminal penalties.
Key points
Mandatory divestment of stocks and funds related to Chinese entities on the sanctions list (military, human rights abuses, forced labor).
The US government must publish a single, public list of prohibited entities within 90 days of the law's enactment.
You have 180 days to sell off prohibited investments; violations carry high fines (up to $1 million) and potential prison time.
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Expired
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Additional Information
Print number: 118_S_5244
Sponsor: Sen. Ricketts, Pete [R-NE]
Process start date: 2024-09-25
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PRC Military and Human Rights Capital Markets Sanctions Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_5244.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-09-25.

What are the main provisions?

Key points include:

  • Mandatory divestment of stocks and funds related to Chinese entities on the sanctions list (military, human rights abuses, forced labor).
  • The US government must publish a single, public list of prohibited entities within 90 days of the law's enactment.
  • You have 180 days to sell off prohibited investments; violations carry high fines (up to $1 million) and potential prison time.
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. Ricketts, Pete [R-NE].

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