No China in Index Funds Act
118-HR-7758118th CongressIntroduced Mar 20, 2024Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Sherman, Brad [D-CA-32](D-CA-32)3 cosponsors
Summary
No China in Index Funds Act
This bill prohibits index funds from investing in Chinese companies. Index funds with investments in Chinese companies on the date of enactment have 180 days to divest. The bill establishes civil penalties for violations.
Actions (3)
Referred to the House Committee on Financial Services.
Mar 20, 2024House floor actions
Introduced in House
Mar 20, 2024Library of Congress
Introduced in House
Mar 20, 2024Library of Congress