Search Results: keywords:"chinese companies"

  • S. 5237 — To prohibit index funds from investing in Chinese companies, and for other purposes.
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    Status:Introduced in Senate
    Words:691

    S. 5237, titled the "No China in Index Funds Act," aims to stop index funds from investing in companies tied to China. It defines what constitutes a "Chinese company" and prohibits investment companies or hedge funds from holding these investments. If an index fund already...

    Simple Explanation

    This bill, called the "No China in Index Funds Act," wants to make a rule that index funds can't invest in companies from China, and if they already have such investments, they need to sell them within 180 days or pay big fines.

  • H. R. 8631 — An Act To prohibit the Secretary of Homeland Security from procuring certain foreign-made batteries, and for other purposes.
    Status:Referred in Senate
    Words:869

    H.R. 8631, titled the "Decoupling from Foreign Adversarial Battery Dependence Act," seeks to prevent the Secretary of Homeland Security from using funds to buy batteries from certain foreign companies, mainly Chinese entities, starting October 1, 2027. The bill lists specific...

    Simple Explanation

    H.R. 8631 is a rule that says the government won't buy batteries from some foreign companies, mostly from China, after 2027. It also says they can sometimes make exceptions if using those batteries is safe or just for experiments.

  • S. 4531 — To authorize an exception to the prohibition on the construction of naval vessels in foreign shipyards, and for other purposes.
    Status:Introduced in Senate
    Words:426

    S. 4531, titled the "Ensuring Naval Readiness Act," allows an exception to the rule against building U.S. naval vessels in foreign shipyards. It specifies that naval ships can be constructed in NATO countries or Indo-Pacific countries with a defense treaty with the U.S.,...

    Simple Explanation

    The bill is like a rule that lets the U.S. build its big navy ships in other friendly countries if it's cheaper, as long as those places aren't connected to China. The Navy has to check and tell others before starting to make sure it's safe and fair.

  • S. 4530 — To authorize an exception to the restriction on construction of Coast Guard vessels in foreign shipyards for certain construction in shipyards in North Atlantic Treaty Organization countries, and for other purposes.
    Status:Introduced in Senate
    Words:472

    S. 4530, also known as the "Ensuring Coast Guard Readiness Act," aims to allow certain exceptions to the current ban on building Coast Guard vessels in foreign shipyards. This would apply to shipyards located in North Atlantic Treaty Organization (NATO) member countries or...

    Simple Explanation

    This bill is about letting Coast Guard boats be built in certain friendly countries instead of just in America. But the rule says they can't be made in places owned by companies from China unless Congress says it's okay.

  • S. 4589 — To prohibit index funds and registered investment companies from investing in Chinese companies, and for other purposes.
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    Status:Introduced in Senate
    Words:1,338

    The bill S. 4589, introduced by Mr. Scott of Florida, aims to stop index funds and registered investment companies in the U.S. from investing in companies based in China. It highlights concerns about significant U.S. investments in Chinese companies that may advance China's...

    Simple Explanation

    The bill wants to stop U.S. investment companies from putting money into Chinese companies because it worries they might help China's military. If these companies don't stop within a year, they could face big fines every day.

  • H. R. 7758 — To prohibit index funds from investing in Chinese companies, and for other purposes.
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    Status:Introduced in House
    Words:692

    H.R. 7758, titled the "No China in Index Funds Act," aims to stop index funds from investing in companies connected to China. The bill requires these funds to remove their current investments in Chinese companies within 180 days from the enactment of the law. If an index fund...

    Simple Explanation

    H.R. 7758 is a bill that wants to stop big groups of investments, called index funds, from putting money into companies connected to China, and if they don't follow this rule, they could be punished with a fine. It also gives them about six months to sell any Chinese company investments they already have.

  • H. R. 8631 — An Act To prohibit the Secretary of Homeland Security from procuring certain foreign-made batteries, and for other purposes.
    Status:Engrossed in House
    Words:875

    H. R. 8631 aims to limit the Department of Homeland Security's (DHS) ability to buy foreign-made batteries, specifically from certain Chinese companies, starting October 1, 2027. The law lists 10 specific entities or groups from which the DHS cannot purchase batteries....

    Simple Explanation

    The bill wants to stop the Department of Homeland Security from buying batteries from some companies in China after 2027, but the head of the department can make exceptions if it's safe or for learning new things. They also have to tell Congress how this rule might change things 180 days after it starts.