A bill to prohibit and require notifications with respect to certain investments by United States persons in the People's Republic of China, and for other purposes.

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5598 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5598 To prohibit and require notifications with respect to certain investments by United States persons in the People's Republic of China, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 18 (legislative day, December 16), 2024 Mr. Cornyn (for himself, Mr. Casey, and Mr. Sullivan) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To prohibit and require notifications with respect to certain investments by United States persons in the People's Republic of China, 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. PROHIBITION AND NOTIFICATION ON INVESTMENTS RELATING TO COVERED NATIONAL SECURITY TRANSACTIONS. The Defense Production Act of 1950 (50 U.S.C. 4501 et seq.) is amended by adding at the end…