H.R. 3719 · 117th Congress
To amend the Continuing Appropriations Act, 2021 and Other Extensions Act to limit financial assistance provided to State-owned enterprises, and for other purposes.
- Stage
- In committee
- Sponsor
- Sean Maloney
- Introduced
- 2021-06-04
- Latest action
- 2021-06-15 · Referred to the Subcommittee on Aviation.
Summary
This bill limits the provision of funds authorized for surface transportation programs to an entity that is owned, controlled by, or otherwise related legally or financially to a corporation based in specified countries.
Such countries are those that
are identified as nonmarket economy countries (i.e., foreign countries that do not operate on market principles of cost or pricing structures), are identified by the U.S. Trade Representative (USTR) as a priority foreign country (e.g., a country that does not protect intellectual property rights), and are subject to monitoring by the USTR.