3.0.0 6598 2023-01-11T13:43:07Z 2023-01-11T13:43:07Z House HR 2020-04-23 116 [Congressional Record Volume 166, Number 77 (Thursday, April 23, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GREEN of Tennessee:H.R. 6598.Congress has the power to enact this legislation pursuantto the following:Article I, section 8[Page H1957]]]> hsfa00 Foreign Affairs Committee House Standing Referred to 2020-04-23T14:01:05Z hsba00 Financial Services Committee House Standing Referred to 2020-04-23T14:01:00Z 2020-04-23 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2020-04-23 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-04-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-04-23 Introduced in House IntroReferral 1000 9 Library of Congress G000590 Rep. Green, Mark E. [R-TN-7] Mark Green R TN E. 7 N B001309 Rep. Burchett, Tim [R-TN-2] Tim Burchett R TN 2 2020-04-28 False H001088 Rep. Hagedorn, Jim [R-MN-1] Jim Hagedorn R MN 1 2020-04-28 False H001082 Rep. Hern, Kevin [R-OK-1] Kevin Hern R OK 1 2020-04-28 False M001210 Rep. Murphy, Gregory [R-NC-3] Gregory Murphy R NC 3 2020-04-28 False R000610 Rep. Reschenthaler, Guy [R-PA-14] Guy Reschenthaler R PA 14 2020-04-28 False W000827 Rep. Wright, Ron [R-TX-6] Ron Wright R TX 6 2020-04-28 False B001306 Rep. Balderson, Troy [R-OH-12] Troy Balderson R OH 12 2020-04-28 False M001195 Rep. Mooney, Alexander X. [R-WV-2] Alexander Mooney R WV X. 2 2020-09-04 False Foreign Trade and International Finance Asia Cardiovascular and respiratory health China Congressional oversight Corporate finance and management Economic performance and conditions Emergency medical services and trauma care Financial services and investments Foreign and international corporations Government lending and loan guarantees Infectious and parasitic diseases Intellectual property International exchange and broadcasting U.S. and foreign investments Foreign Trade and International Finance 00 2020-04-23 Introduced in House 2020-11-24T17:15:13Z Secure Our Systems Against China's Tactics Act or the SOS ACT Act

This bill authorizes the Department of the Treasury to temporarily guarantee up to 50% of an investment made during the public health emergency declared due to COVID-19 (i.e., coronavirus disease 2019) in a business that (1) incurred losses due to COVID-19, (2) advances a national security interest, and (3) is susceptible to being purchased by a Chinese entity.

]]> SOS ACT Act Display Title SOS ACT Act Official Title as Introduced To preserve national security by providing guarantees to investors for investments in businesses at risk of predatory economic tactics by the Communist Party of the People's Republic of China, and for other purposes. Introduced in House IH Short Title(s) as Introduced SOS ACT Act Introduced in House IH Short Title(s) as Introduced Secure Our Systems Against China’s Tactics Act Introduced in House IH Introduced in House 2020-04-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6598ih/xml/BILLS-116hr6598ih.xml 2020-04-23 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.