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Code · BILL · 117th Congress · H.R. 4521 (EAS) — 112 HR 4521 EAS: United States Innovation and Competition Act of 2021 · Sec. 5302

Sec. 5302. Report on malign activity involving Chinese state-owned enterprises

423 words·~2 min read·/bill/117/hr/4521/eas/section-5302

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Not later than one year after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report that— assesses whether and to what extent state-owned enterprises in the People's Republic of China are engaged in or knowingly facilitating— the commission of serious human rights abuses, including toward religious or ethnic minorities in the People’s Republic of China, including in the Xinjiang Uyghur Autonomous Region; the use of forced or child labor, including forced or child labor involving ethnic minorities in the People’s Republic of China; or any actions that erode or undermine the autonomy of Hong Kong from the People’s Republic of China, as established in the Basic Law of Hong Kong and the Joint Declaration, and as further described in the Hong Kong Autonomy Act ( Public Law 116–149 ; 22 U.S.C. 5701 note); identifies— any state-owned enterprises in the People's Republic of China that are engaged in or knowingly facilitating any activities described in paragraph (1); any Communist Chinese military companies identified under section 1237(b) of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 ( Public Law 105–261 ; 50 U.S.C. 1701 note); and any majority-owned subsidiaries of such enterprises or companies with a market capitalization of $5,000,000,000 or more; assesses whether each enterprise, company, or subsidiary identified under paragraph
(2)received, during the 5-year period preceding submission of the report, any financial assistance from the United States Government; and in the case of any such enterprise, company, or subsidiary that received financial assistance from an agency of the United States Government during that period, identifies the amount of such assistance received by the enterprise, company, or subsidiary; and includes recommendations for any legislative or administrative action to address matters identified in the report, including any recommendations with respect to additional limitations on United States financial assistance provided to enterprises, companies, and subsidiaries identified under paragraph (2). The report required by subsection
(a)shall be submitted in unclassified form but may include a classified annex. In this section: The term appropriate congressional committees means— the Committee on Banking, Housing, and Urban Affairs and the Committee on Foreign Relations of the Senate; and the Committee on Financial Services and the Committee on Foreign Affairs of the House of Representatives. The term Joint Declaration means the Joint Declaration of the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the People's Republic of China on the Question of Hong Kong, done at Beijing December 19, 1984.
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  • Pub. L. 105-261
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Sec. 5302
Report on malign activity involving Chinese state-owned enterprises
Pub. L.Pub. L. 105-261
Cites 4Cited by 0 across 0 sources
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