PRC Military and Human Rights Capital Markets Sanctions Act of 2024
118-HR-7759118th 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
PRC Military and Human Rights Capital Markets Sanctions Act of 2024
This bill prohibits U.S. persons from investing in securities issued by certain sanctioned and otherwise restricted entities, including Chinese military companies and Chinese entities sanctioned for human rights abuses or corruption.
The bill establishes divestment deadlines and criminal and civil penalties for violations of the bill.
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