Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 860: Protecting American Capital Act of 2023

Introduced

  1. Introduced (completed)Mar 16, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 16, 2023

This bill requires the Department of the Treasury to annually report to Congress on U.S. portfolio investments in China. The report must include

  • the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and
  • the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million.

The initial report must include investment information back to January 1, 2008.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Rick Scott R-FL SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Rick Scott

History

  1. Mar 16, 2023Introduced in the Senate by Rick Scott.
Show the full action history (2 actions)
  1. Mar 16, 2023Introduced in Senate
  2. Mar 16, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.