Sec. 134.
249 words·~1 min read·
/bill/118/hr/4664/rh/section-134·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
None of the funds made available by this Act may be used to implement an outbound investment review, prohibition, or notification program until the Assistant Secretary of Treasury for Investment Security and equivalents from CFIUS member agencies provide a report to the Committees on Appropriations and Financial Services of the House of Representatives and the Committees on Appropriations and Banking, Housing, and Urban Affairs of the Senate that contains the following— A comprehensive list of Chinese technologies covered by the program that have been developed as a result of United States investments, including a description of the technologies’ specifications.
The value of United States private equity and venture capital investments in any specific Chinese technologies that would be subject to prohibitions under the program, in absolute and relative terms with respect to non-United States investment. A detailed description of know-how or other essential information that has been transferred by United States investors in support of Chinese technologies covered by the program, including an assessment of whether the information was available to non-United States persons or eligible for potential control under the Export Control Reform Act.
An analysis of any estimated delay to China’s development of program-related technologies as a direct result of the program’s implementation. Any legislative or regulatory proposals to impose secondary sanctions involving investments by foreign persons in Chinese technologies covered by the program. A detailed evaluation of the effectiveness of investment restrictions administered by the Department of the Treasury with respect to Chinese Military Industrial-Complex Companies.