PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Foreign Affairs.
Congressional Research Service
Version 00 · Introduced in House · May 7, 2021
Holding Chinese Military Companies Accountable Act
This bill expands the definition of a Communist Chinese military company and addresses related issues. (Current law authorizes the President to exercise certain economic powers, such as investigating or prohibiting payments, involving a person designated a Communist Chinese military company.)
Under this bill, the Department of Defense (DOD) shall apply the designation to a person (i.e., an individual or entity) with significant investments in certain technology sectors, such as fifth-generation wireless communications or artificial intelligence, if the person is owned by, controlled by, or affiliated with the Chinese Communist Party or any person who has ever been a delegate to the National People's Congress.
The bill also requires DOD to continue making periodic determinations regarding such designations until December 31, 2026.
People & committees
Rep. Banks, Jim [R-IN-3] · R–IN
Legislative record
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Referred to the House Committee on Foreign Affairs.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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