American Financial Markets Integrity and Security Act

Summary

American Financial Markets Integrity and Security Act This bill generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies.

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Timeline

1. 3 March 2021

   Introduced

   Introduced in House

   Source: IntroReferral

2. 3 March 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 March 2021

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, Ways and Means, Armed Services, Education and Labor, Intelligence (Permanent Select), and Oversight and Reform, 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.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 March 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 March 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 March 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 March 2021

  Open at official source

Sponsors

• Mike Gallagher · R · Sponsor
• Liz Cheney · R · Sponsor
• Chris Stewart · R · Sponsor
• · hsgo00 · Standing
• · hlig00 · Select
• · hsed00 · Standing
• · hsas00 · Standing
• · hswm00 · Standing
• · hsfa00 · Standing
• · hsba00 · Standing

Related records

• related to → American Financial Markets Integrity and Security Act
• related to ← Hold CCP Accountable Act of 2022
• related to ← American Financial Markets Integrity and Security Act