No Chinese Communist SURPRISE Parties Act

Summary

No Chinese Communist Subterfuge via Unregistered Regime Presence Rendered Invisible to Shareholders and Equivalent Parties Act or the No Chinese Communist SURPRISE Parties Act This bill requires issuers of securities to annually disclose whether the issuer has established or maintained an organization of the Chinese Communist Party, if an organization of the Chinese Communist Party has participated in the operations of the issuer, and whether the issuer's board of directors (1) owes a fiduciary duty to the issuer and shareholders, and (2) is subject to heightened scrutiny with respect to conflicted controller transactions.

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Timeline

1. 8 February 2022

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 8 February 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 February 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 February 2022 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 February 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 February 2022

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 February 2022

  Open at official source

Sponsors

• Rep. Tenney, Claudia [R-NY-24] · R · Sponsor
• Rep. Weber, Randy K. Sr. [R-TX-14] · R · Sponsor
• Louie Gohmert · R · Sponsor
• W. Steube · R · Sponsor
• Mary Miller · R · Sponsor
• Ronny Jackson · R · Sponsor
• Brian Babin · R · Sponsor
• Cathy Rodgers · R · Sponsor
• Jefferson Van Drew · R · Cosponsor
• · hsba00 · Standing

Related records

• related to → No Chinese Communist SURPRISE Parties Act
• related to ← No Chinese Communist SURPRISE Parties Act