Transparency in Chinese Government Investment Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 11, 2020)
Transparency in Chinese Government Investment Act of 2020
This bill requires the Securities and Exchange Commission (SEC) to report on whether certain disclosures by an issuer of securities organized under the laws of China are necessary or appropriate under investor protection and fair dealing requirements. Specifically, the SEC must report on the necessity of disclosures by these issuers regarding their material financial support for certain Chinese policies or plans, material financial support received from China, and certain individuals' involvement with the Chinese government. If these disclosures are found to be necessary or appropriate, the SEC must prescribe regulations requiring such disclosures.
What just happenedSep 11, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseSep 11, 2020
- Sep 11, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Sep 11, 2020IntroReferralIntro-H
Introduced in House
- Sep 11, 2020IntroReferral1000
Introduced in House