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- H.R.1130
H.R.1130: SOS ACT Act
About This Bill
- Introduced Feb. 18, 2021
- Latest Major Action Feb. 18, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Feb. 18, 2021
Bill Summary
Secure Our Systems Against China's Tactics Act or the SOS ACT Act This bill authorizes the Department of the Treasury to temporarily guarantee up to 50% of an investment made during the public health emergency declared due to COVID-19 (i.e., coronavirus disease 2019) in a business that (1) incurred losses due to COVID-19, (2) advances a national security interest, and (3) is susceptible to being purchased by a Chinese entity.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 18, 2021 |
Referred to the Committee on Financial Services, and in addition to the Committee on 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.
|
| Feb. 18, 2021 |
Introduced in the House by Mark Green (R-Tenn.) |