United States · Bill · S
S. 3598 (117th)
No Chinese Communist SURPRISE Parties Act
Introduced
8 February 2022
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
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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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 8 February 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 8 February 2022
Introduced in Senate
summary · EN · 8 February 2022
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3598
- Open data entity: https://api.congress.gov/v3/bill/117/s/3598