Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 747: No Chinese Communist SURPRISE Parties Act

Introduced

  1. Introduced (completed)Feb 2, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 2, 2023

This bill requires issuers of securities to annually disclose whether the issuer has established or maintained an organization of the Chinese Communist Party, if an organization of the Chinese Communist Party has participated in the operations of the issuer, and whether the issuer's board of directors (1) owes a fiduciary duty to the issuer and shareholders, and (2) is subject to heightened scrutiny with respect to conflicted controller transactions.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

3

Who scored on this bill

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Other bills by Claudia Tenney

History

  1. Feb 2, 2023Introduced in the House by Claudia Tenney.
Show the full action history (2 actions)
  1. Feb 2, 2023Introduced in House
  2. Feb 2, 2023Referred to the House Committee on Financial Services.