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S152-118

Introduced

To prohibit the trading of the securities of certain Communist Chinese military companies on a national securities exchange, and for other purposes.

118th Congress Introduced Jan 30, 2023

Summary

What This Bill Does

The bill requires prohibitions relating to certain Communist Chinese military companies, requires modification of requirements for list of Communist Chinese military companies Section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105–261; 50 U.S.C, and requires analysis of financial ambitions of the Government of the People’s Republic of China The Director of the Office of Commercial and Economic Analysis of the Air Force shall conduct an analysis of— the strategic. It relies on compliance mandates, definition changes, reporting requirements, and exemptions. The main policy areas are Environmental Groups, Finance, Defense, and Environment.

Who Benefits and How

National security and critical infrastructure stakeholders affected by the bill could face lower compliance burdens, Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens, and Financial services firms and customers affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and National security and critical infrastructure stakeholders affected by the bill would take on compliance duties.

Key Provisions

  • Requires prohibitions relating to certain Communist Chinese military companies.
  • Requires modification of requirements for list of Communist Chinese military companies Section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105–261; 50 U.S.C.
  • Requires analysis of financial ambitions of the Government of the People’s Republic of China The Director of the Office of Commercial and Economic Analysis of the Air Force shall conduct an analysis of— the strategic...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires prohibitions relating to certain Communist Chinese military companies, requires modification of requirements for list of Communist Chinese military companies Section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105–261; 50 U.S.C, and requires analysis of financial ambitions of the Government of the People’s Republic of China The Director of the Office of Commercial and Economic Analysis of the Air Force shall conduct an analysis of— the strategic.

Key Policy Areas

Environmental Groups, Finance, Defense, Environment

Primary Purpose

The bill requires prohibitions relating to certain Communist Chinese military companies, requires modification of requirements for list of Communist Chinese military companies Section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 (Public Law 105–261; 50 U.S.C, and requires analysis of financial ambitions of the Government of the People’s Republic of China The Director of the Office of Commercial and Economic Analysis of the Air Force shall conduct an analysis of— the strategic.

Policy Domains

Environmental Groups Finance Defense Environment

Whole bill

Identified Gains
  • National security and critical infrastructure stakeholders affected by the bill
  • Homeowners, tenants, or housing market participants affected by the bill
  • Financial services firms and customers affected by the bill
  • Environmental and public health interests affected by the bill
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Financial services firms and customers affected by the bill:
Environmental and public health interests affected by the bill:
Public beneficiaries or protected communities affected by the clause:
Homeowners, tenants, or housing market participants affected by the bill:
National security and critical infrastructure stakeholders affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Financial services firms and customers affected by the bill
  • National security and critical infrastructure stakeholders affected by the bill
  • Foreign businesses and cross-border trade participants affected by the bill
  • Businesses and employers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Businesses and employers affected by the bill:
Financial services firms and customers affected by the bill: ,
Federal, state, or local agencies responsible for implementing the clause: , ,
Foreign businesses and cross-border trade participants affected by the bill:
National security and critical infrastructure stakeholders affected by the bill:

Sponsors

Marco Rubio

Marco Rubio

R-FL | Primary Sponsor

2 cosponsors

Legislative Progress

Introduced
Introduced Committee Passed
Jan 30, 2023

Mr. Rubio (for himself, Mr. Young, and Mr. Braun) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Environmental Groups Finance Defense Environment

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology