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Search Results: keywords:"covered entities"

  • S. 5021 seeks to make sure drugs provided through the 340B Drug Discount Program are easily accessible. It emphasizes that drug manufacturers must offer discounted pricing for these drugs without placing any conditions on how or where the drugs are dispensed. The bill...

    Simple Explanation

    S. 5021 is a bill that makes sure hospitals and clinics can buy medicine at lower prices without any tricky rules, and it sets up big fines for medicine makers if they don't play by these rules.

  • H.R. 6614 proposes changes to the Export Control Reform Act of 2018 aimed at increasing transparency in licensing. The bill requires the Secretary to submit reports every 90 days to specific congressional committees. These reports must detail applications, enforcement...

    Simple Explanation

    H.R. 6614 is about making sure everyone knows how the rules for exporting certain items are being followed, by having regular check-ins with special reports, but most of the details in these reports will stay secret except for big-picture numbers.

  • S. 5244, titled the “PRC Military and Human Rights Capital Markets Sanctions Act of 2024,” aims to prohibit U.S. citizens and entities from purchasing, selling, or holding certain securities associated with Chinese entities linked to military activities, human rights abuses,...

    Simple Explanation

    The PRC Military and Human Rights Capital Markets Sanctions Act of 2024 is a rule that says people in the U.S. can't buy or sell certain stocks related to Chinese companies involved in military actions or bad things, and if they don't follow the rule, they could have to pay a big fine or even go to jail.

  • H. R. 7759, known as the “PRC Military and Human Rights Capital Markets Sanctions Act of 2024”, seeks to ban U.S. individuals and entities from buying, selling, or holding securities linked to certain Chinese entities, referred to as covered entities. These covered entities are specified as...

    Simple Explanation

    H.R. 7759 is a rule that wants to stop people in the U.S. from buying or selling things like stocks from certain Chinese companies, especially if they are believed to do bad things like using forced labor. If someone breaks this rule, they might have to pay a lot of money or even go to jail, and this could make people worry about losing money quickly.

  • The bill S. 5435, also known as the "Detection and Exclusion of Negligent, Illicit, and Extralegal Deliveries Act" or the "DENIED Act," proposes to prevent certain entities from using the administrative exemption that allows articles to enter the U.S. without duties for de...

    Simple Explanation

    The bill wants to stop some companies from getting out of paying duties (taxes) on small shipments to the U.S. if those companies have done bad things like using forced labor or selling fake stuff. It also wants to make sure there are rules to catch and punish these companies if they try to cheat.

  • H.R. 7450, titled the “Protecting Privacy in Purchases Act”, aims to prevent payment card networks and related entities from requiring or assigning special merchant category codes that identify firearm retailers differently from general merchandise or sporting goods...

    Simple Explanation

    The bill wants to make sure credit card companies don’t use special codes to tell if a store sells guns instead of normal things like toys or sports gear. It also wants the government to check and report on this every year.