United States · Bill · HR
H.R. 7064 (116th)
Stop Funding the PLA Act
Introduced
1 June 2020
Last action
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Status
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Stop Funding the PLA Act This bill requires the Department of the Treasury to establish a list of entities the securities of which a U.S. person shall be prohibited from purchasing or holding. Specifically, the Treasury must submit a report specifying each foreign industrial defense corporation with substantial contacts with, ties to, or support from any PLA entity (any entity of the Chinese military). The bill prohibits U.S. persons from purchasing a security of a foreign industrial defense corporation specified in the report, and it requires U.S. persons who own any such security to divest themselves of it.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 1 June 2020
Introduced in House (PDF)
Introduced in House · EN · 1 June 2020
Introduced in House
summary · EN · 1 June 2020
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/7064
- Open data entity: https://api.congress.gov/v3/bill/116/hr/7064