H.R. 7181 · 116th Congress
Holding China Accountable Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NunesSponsor24 cosponsors · 24 R
R
Brooks
DB
R
Bishop
KC
R
Calvert
KC
R
Conaway
RC
R
Crawford
DC
R
Collins
PC
R
Cook
MD
R
Diaz-Balart
MG
R
Garcia
BG
R
Gibbs
MG
R
Gaetz
GH
R
Holding
DK
R
Kustoff
TM
R
McClintock
RM
R
Marshall
DR
R
Rouzer
CS
R
Stewart
ES
R
Stefanik
RS
R
Spano
MT
R
Turner
JW
R
Wilson
BW
R
Wenstrup
SP
R
Palazzo
MB
R
Burgess22 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill prohibits certain Chinese nationals from receiving visas, requires higher education institutions to disclose certain foreign gifts, and restricts the use of foreign public accounting firms by foreign issuers of securities.
What it does: CRS summary · Introduced in House · Jun 11, 2020
Holding China Accountable Act
This bill prohibits certain Chinese nationals from receiving visas, requires higher education institutions to disclose certain foreign gifts, and restricts the use of foreign public accounting firms by foreign issuers of securities.
Specified visas may not be issued to Chinese nationals seeking to enter the United States for the purpose of (1) studying science, technology, engineering, mathematics, or a related field; (2) employment in science, technology, engineering, mathematics, or a related field; or (3) attending a business meeting, conference, or academic or cultural exchange that includes activities related to science, technology, engineering, mathematics, or a related field.
The bill also lowers the disclosure threshold regarding gifts to higher education institutions from China, Russia, Iran, and North Korea.
Additionally, the bill requires certain disclosures from foreign issuers of securities that use, for the required audit report to the Securities and Exchange Commission, a foreign public accounting firm that is not subject to inspection by the Public Company Accounting Oversight Board. If an issuer uses such a foreign public accounting firm, the issuer is generally prohibited from listing its securities on a national securities exchange.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Holding China Accountable Act
Latest action (Jun 11, 2020): Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 11, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.