H.R. 5786 · 117th Congress
Defund the People’s Liberation Army Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PerrySponsor4 cosponsors · 4 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill prohibits the purchasing or selling of publicly traded securities issued by certain listed Chinese military companies or contributors. The bill provides an exception for divestment in such securities.
What it does: CRS summary · Introduced in House · Oct 28, 2021
Defund the People's Liberation Army Act
This bill prohibits the purchasing or selling of publicly traded securities issued by certain listed Chinese military companies or contributors. The bill provides an exception for divestment in such securities. Decisions made by the Department of Defense to include a company on such a list or regulations created by the Department of the Treasury to carry out this bill are not subject to further review, including judicial review.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Defund the People’s Liberation Army Act
Latest action (Oct 28, 2021): Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and Armed 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.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Oct 28, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.