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S. 860

BillFederalSenateIn Committee
To require an annual report on United States portfolio investments in the People's Republic of China, and for other purposes.
About This Bill
Committee
Latest Action · March 16, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118th (2023–2025)
Introduced
March 16, 2023
Cosponsors (1)
1D 0R
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Summary

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Protecting American Capital Act of 2023 This bill requires the Department of the Treasury to annually report to Congress on U.S. portfolio investments 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.

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