S. 4051 · 117th Congress

Protecting American Capital Act of 2022

Stage
In committee
Sponsor
Rick Scott
Introduced
2022-04-07
Latest action
2022-04-07 · Introduced in Senate

Summary

Protecting American Capital Act of 2022

This bill requires the Department of the Treasury to annually report to Congress on portfolio investments made by U.S. persons in China. The report must include

the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million. The initial report must include investment information back to January 1, 2008.