S. 1053
Introduced in Senate · April 2, 2025March 13, 2025
Mr. Cornyn (for himself, Ms. Cortez Masto, Mr. Scott of South Carolina, Mr. Schumer, Mr. Sullivan, Ms. Warren, Mr. Hagerty, Mr. Kim, Mr. Ricketts, Ms. Slotkin, Mr. Banks, Mr. Bennet, Mr. McCormick, and Mr. Fetterman) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To protect the national security of the United States by imposing sanctions with respect to certain persons of the People’s Republic of China and prohibiting and requiring notifications with respect to certain investments by United States persons in the People’s Republic of China, and for other purposes.
1. Short title; table of contents; 2. Secretary defined; 3. Severability; 4. Authorization of appropriations; 5. Termination; TITLE I—IMPOSITION OF SANCTIONS; 101. Imposition of sanctions; 102. Definitions; TITLE II—PROHIBITION AND NOTIFICATION ON INVESTMENTS RELATING TO COVERED NATIONAL SECURITY TRANSACTIONS; 201. Prohibition and notification on investments relating to covered national security transactions; TITLE III—SECURITIES AND RELATED MATTERS; 301. Requirements relating to the Non-SDN Chinese Military-Industrial Complex Companies List
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,