H.R. 3011
Referred to CommitteeHolding Chinese Military Companies Accountable Act
Latest Action
Referred to the House Committee on Foreign Affairs.
5/7/2021 • House
Summary
Holding Chinese Military Companies Accountable Act
This bill expands the definition of a Communist Chinese military company and addresses related issues. (Current law authorizes the President to exercise certain economic powers, such as investigating or prohibiting payments, involving a person designated a Communist Chinese military company.)
Under this bill, the Department of Defense (DOD) shall apply the designation to a person (i.e., an individual or entity) with significant investments in certain technology sectors, such as fifth-generation wireless communications or artificial intelligence, if the person is owned by, controlled by, or affiliated with the Chinese Communist Party or any person who has ever been a delegate to the National People's Congress.
The bill also requires DOD to continue making periodic determinations regarding such designations until December 31, 2026.
Introduced in House • 5/7/2021
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Bill Journey
Originated in the House
Introduced
May 7, 2021
Referred to the House Committee on Foreign Affairs.
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Passed Chamber
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Enacted into Law