Proposed
Bill · 119th Congress · HR 7075
Divesting from Communist China’s Military Act of 2026
Refreshed 14 min ago
Introduced 2026-01-14Topic: economy jobs · veterans militarySummary
AI-generated summary, report an errorThis bill would require the Treasury Department to add a company to its Non-SDN Chinese Military-Industrial Complex Companies List within 90 days after the Defense Department identifies it as a Chinese military company operating directly or indirectly in the United States. Within 60 days of being added, the company would become subject to the investment restrictions in Executive Order 13959, which limit U.S. persons' dealings in its publicly traded securities. U.S. persons would have one year after a company is added to buy or sell its securities only to divest them.
Sponsors
- Scott Perry Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-01-14 | House | Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-01-14 | House | Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-01-14 | Introduced in House | introduce | |
| 2026-01-14 | Introduced in House | introduce |