Ask AI
Bill117th CongressFiled Oct 28, 2021Finance and Financial Sector
H.R. 5786

Defund the People’s Liberation Army Act

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary introduced in house (Oct 28, 2021)

Defund the People's Liberation Army Act

This bill prohibits the purchasing or selling of publicly traded securities issued by certain listed Chinese military companies or contributors. The bill provides an exception for divestment in such securities. Decisions made by the Department of Defense to include a company on such a list or regulations created by the Department of the Treasury to carry out this bill are not subject to further review, including judicial review.

What just happenedOct 28, 2021

Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Who’s behind it

Rep. Perry, Scott [R-PA-10](R-PA)Sponsor
4 cosponsors4 R
Read on Congress.gov
4cosponsors3committees5actions
  1. Oct 28, 2021IntroReferralH11100

    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Armed Services Committee
  2. Oct 28, 2021IntroReferralH11100

    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Financial Services Committee
  3. Oct 28, 2021IntroReferralH11100

    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Foreign Affairs Committee
  4. Oct 28, 2021IntroReferralIntro-H

    Introduced in House

  5. Oct 28, 2021IntroReferral1000

    Introduced in House

Defund the People’s Liberation Army Act — Informed