HB6426: Our Money in China Transparency Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To require annual reporting on the availability of Federal funds to persons and entities of China and activities conducted in collaboration with China, and for other purposes.
Plain-language summary
This bill requires the federal government to publish annual reports about money and resources flowing to Chinese persons and entities. It also requires reporting on collaborative activities between US agencies and China. The bill covers all federal funds, including grants, loans, and contracts going to China-connected recipients. The law would apply across all federal agencies. The bill was recently introduced in Congress and is in the early stages of the legislative process.
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HB6426: Our Money in China Transparency Act