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Code · STATUTE-COMPILATIONS · Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 · Sec. 3521

Sec. 3521. INDEPENDENT STUDY AND REPORT ON SHANGHAI SHIPPING EXCHANGE

366 words·~2 min read·/statute-compilations/comps-18280/sec-3521

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## SEC. 3521 INDEPENDENT STUDY AND REPORT ON SHANGHAI SHIPPING EXCHANGE ###
(a)Study Not later than one year after the date of the enactment of this Act, the Secretary of Transportation shall enter into an agreement with an appropriate independent entity to conduct a study and assessment of the business practices of the Shanghai Shipping Exchange, including— ####
(1)any anticompetitive advantages benefitting the Shanghai Shipping Exchange; and ####
(2)the ability of the Ministry of Transport of the People’s Republic of China and the Shanghai Shipping Exchange to manipulate container freight markets through the Shanghai Shipping Exchange. ###
(b)Elements In conducting the study and assessment under subsection (a), the appropriate independent entity that enters into an agreement under subsection
(a)shall address the following: ####
(1)The influence of the government of the People’s Republic of China on the Shanghai Shipping Exchange. ####
(2)The effect of the business practices or influence of the Shanghai Shipping Exchange on United States consumers and businesses. ####
(3)Any other matters the Secretary or the appropriate independent entity that enters into an agreement under subsection
(a)determines to be appropriate for the purposes of the study. ###
(c)Report ####
(1)In general Not later than one year after the date on which the Secretary enters into an agreement under this section, the appropriate independent entity shall submit to the Secretary, the congressional defense committees, the Committee on Transportation and Infrastructure, and the Committee on Foreign Affairs of the House of Representatives, and the Committee on Commerce, Science, and Transportation and the Committee on Foreign Relations of the Senate a report containing the results of the study conducted under subsection (a). ####
(2)Public availability The Secretary shall publish the report required under paragraph
(1)on a publicly accessible website of the Department of Transportation. ###
(d)Appropriate Independent Entity Defined In this section, the term “appropriate independent entity” means— ####
(1)a federally funded research and development center sponsored by a Federal agency; ####
(2)the Government Accountability Office; or ####
(3)an organization described in section 501(c) of the Internal Revenue Code of 1986 and exempt from taxation under section 501(a) of such Code.
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