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- H.R.9385
H.R.9385: DITCH Act
About This Bill
- Introduced Dec. 1, 2022
- Latest Major Action Dec. 1, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Dec. 1, 2022
Bill Summary
Dump Investments in Troublesome Communist Holdings Act or the DITCH Act This bill denies an organization a tax exemption if it holds any interest in a disqualified Chinese company or fails to timely transmit required annual reports. A disqualified Chinese company is any corporation incorporated in China, or that invests more than 10% of its stock in certain Chinese entities, including entities controlled by the Chinese Communist Party. The...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 1, 2022 |
Referred to the Committee on Ways and Means, 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.
|
| Dec. 1, 2022 |
Introduced in the House by Mike Gallagher (R-Wis.) |