S.4454 - Exposing China’s Belt and Road Investment in America Act of 2020116th Congress (2019-2020)
|Sponsor:||Sen. Kennedy, John [R-LA] (Introduced 08/05/2020)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 08/05/2020 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
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Summary: S.4454 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (08/05/2020)
Exposing China's Belt and Road Investment in America Act of 2020
This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States.
Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.