S4586-118

Introduced

To prevent the funding of malign activities of the Chinese Communist Party though the sale of A-Shares on certain securities exchanges controlled by the Chinese Communist Party by prohibiting the purchase, sale, and ownership of such securities by United States investors, and for other purposes.

118th Congress Introduced Jun 18, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To prevent the funding of malign activities of the Chinese Communist Party though the sale of A-Shares on certain securities exchanges controlled by the Chinese Communist Party by prohibiting the purchase, sale, and ownership of such securities by United States investors, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Defense, Foreign Policy.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Stop Funding the CCP through A-Shares Act.
  • Section id0aa0495cb94c4c6ba9dcab2181e040af: 2. Findings; purposes The findings set forth in subsection (b) are based on facts disclosed by— Executive Order 13959, Executive Order 13974, and Executive...
  • Section id33d09a32fb9f4653a7db233fe7fd91b6: 3. Prohibited acts In this section: The term acting in a professional capacity includes acting as— a member (as defined in section 3(a)(3)(A) of the Securities...
  • Section idfb8237e0f0be41e5b8a96a5b96c740a7: 4. Reports to Congress In accordance with subsection (b), the Secretary of the Treasury, in consultation with the Secretary of Commerce, the Secretary of...
  • Section id08B304624F494994AB9631B84C15B38D: 5. Annual report on United States portfolio investments in the People's Republic of China In this section: The term Chinese entity means an entity organized...

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

This bill, To prevent the funding of malign activities of the Chinese Communist Party though the sale of A-Shares on certain securities exchanges controlled by the Chinese Communist Party by prohibiting the purchase, sale, and ownership of such securities by United States investors, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Defense, Foreign Policy

Primary Purpose

This bill, To prevent the funding of malign activities of the Chinese Communist Party though the sale of A-Shares on certain securities exchanges controlled by the Chinese Communist Party by prohibiting the purchase, sale, and ownership of such securities by United States investors, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Defense Foreign Policy

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: , ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: , ,
financial institutions, investors, and borrowers: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 18, 2024

Mr. Scott of Florida introduced the following bill; which was …

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
Finance Defense Foreign Policy
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_defense"
→ Secretary of Defense
"secretary_of_commerce"
→ Secretary of Commerce
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

1 term
"covered security" §id33d09a32fb9f4653a7db233fe7fd91b6

a security that— as of the date on which a covered transaction is executed with respect to the security, is listed on a covered exchange

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