S. 3038
Referred to CommitteeExposing China’s Belt and Road Investment in America Act of 2021
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
10/21/2021 • Senate
Summary
Exposing China's Belt and Road Investment in America Act of 2021
This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States.
Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.
Introduced in Senate • 10/21/2021
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Bill Journey
Originated in the Senate
Introduced
October 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law