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- H.R.6706
H.R.6706: To place temporary restrictions on acquisitions by the People's Republic of China, and for other purposes.
About This Bill
- Introduced May 5, 2020
- Latest Major Action May 5, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - May 5, 2020
Bill Summary
This bill requires the Committee on Foreign Investment in the United States to review any purchase by a Chinese entity of a controlling interest in a U.S. company deemed critical to national security, critical infrastructure, or of cultural significance. The President may approve such a purchase only if, among other things, the purchase price was not significantly affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic and the sale...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 5, 2020 |
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| May 5, 2020 |
Introduced in the House by Jim Banks (R-Ind.) |