S 5244 · 118th Congress · Finance and Financial Sector

PRC Military and Human Rights Capital Markets Sanctions Act of 2024

Introduced 2024-09-25· Sponsored by Sen. Ricketts, Pete [R-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2024-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5244 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5244 To prohibit the purchase of certain securities from covered entities, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 25, 2024 Mr. Ricketts introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To prohibit the purchase of certain securities from covered entities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``PRC Military and Human Rights Capital Markets Sanctions Act of 2024''. SEC. 2. PROHIBITION ON PURCHASE OF CERTAIN SECURITIES FROM COVERED ENTITIES. (a) Definitions.-- (1) Covered entity.-- (A) In general.--In this section, the term ``covered entity'' means the following: (i) Any entity that is on the list of Specially Designated Nationals a…

Summarized by Claude AI · Non-partisan · For informational purposes only