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    <number>8407</number>
    <updateDate>2023-01-11T13:44:53Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:44:53Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-09-29</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 169 (Tuesday, September 29, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. RESCHENTHALER:H.R. 8407.Congress has the power to enact this legislation pursuantto the following:Article One Section Eight[Page H5052]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Foreign Affairs Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2020-09-29T16:01:00Z</date>
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        <actionDate>2020-09-29</actionDate>
        <text>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>
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        <text>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>
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        <bioguideId>R000610</bioguideId>
        <fullName>Rep. Reschenthaler, Guy [R-PA-14]</fullName>
        <firstName>Guy</firstName>
        <lastName>Reschenthaler</lastName>
        <party>R</party>
        <state>PA</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>M001157</bioguideId>
        <fullName>Rep. McCaul, Michael T. [R-TX-10]</fullName>
        <firstName>Michael</firstName>
        <lastName>McCaul</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>T.</middleName>
        <district>10</district>
        <sponsorshipDate>2020-09-29</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>R000611</bioguideId>
        <fullName>Rep. Riggleman, Denver [R-VA-5]</fullName>
        <firstName>Denver</firstName>
        <lastName>Riggleman</lastName>
        <party>R</party>
        <state>VA</state>
        <district>5</district>
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        <fullName>Rep. Yoho, Ted S. [R-FL-3]</fullName>
        <firstName>Ted</firstName>
        <lastName>Yoho</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>S.</middleName>
        <district>3</district>
        <sponsorshipDate>2020-10-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>W000795</bioguideId>
        <fullName>Rep. Wilson, Joe [R-SC-2]</fullName>
        <firstName>Joe</firstName>
        <lastName>Wilson</lastName>
        <party>R</party>
        <state>SC</state>
        <district>2</district>
        <sponsorshipDate>2020-10-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001087</bioguideId>
        <fullName>Rep. Crawford, Eric A. "Rick" [R-AR-1]</fullName>
        <firstName>Eric</firstName>
        <lastName>Crawford</lastName>
        <party>R</party>
        <state>AR</state>
        <middleName>A. "Rick"</middleName>
        <district>1</district>
        <sponsorshipDate>2020-10-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000479</bioguideId>
        <fullName>Rep. Taylor, Van [R-TX-3]</fullName>
        <firstName>Van</firstName>
        <lastName>Taylor</lastName>
        <party>R</party>
        <state>TX</state>
        <district>3</district>
        <sponsorshipDate>2020-10-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000395</bioguideId>
        <fullName>Rep. Keller, Fred [R-PA-12]</fullName>
        <firstName>Fred</firstName>
        <lastName>Keller</lastName>
        <party>R</party>
        <state>PA</state>
        <district>12</district>
        <sponsorshipDate>2020-11-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>G000579</bioguideId>
        <fullName>Rep. Gallagher, Mike [R-WI-8]</fullName>
        <firstName>Mike</firstName>
        <lastName>Gallagher</lastName>
        <party>R</party>
        <state>WI</state>
        <district>8</district>
        <sponsorshipDate>2020-11-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Asia</name>
        </item>
        <item>
          <name>China</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Foreign and international corporations</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Government studies and investigations</name>
        </item>
        <item>
          <name>Higher education</name>
        </item>
        <item>
          <name>Military procurement, research, weapons development</name>
        </item>
        <item>
          <name>Research administration and funding</name>
        </item>
        <item>
          <name>Research and development</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
        <item>
          <name>Trade restrictions</name>
        </item>
        <item>
          <name>U.S. and foreign investments</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-09-29</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2020-12-08T15:47:56Z</updateDate>
        <text><![CDATA[ <p><b>Protecting National Security in Financial Investments Act </b></p> <p>This bill requires the Securities and Exchange Commission to determine whether issuers of securities must disclose investments in certain persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States. </p> <p>The Department of State must annually submit to Congress a list of Chinese entities associated with specified military activities. </p>]]></text>
      </summary>
    </summaries>
    <title>Protecting National Security in Financial Investments Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Protecting National Security in Financial Investments Act</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Protecting National Security in Financial Investments Act</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Securities and Exchange Commission to assess whether the disclosure of information related to investments in certain entities is necessary or appropriate for the purposes of certain reports under the securities laws, to establish the Entities of the People's Republic of China that Threaten United States National Security List, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2020-09-29T04:00:00Z</date>
        <formats>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr8407ih/xml/BILLS-116hr8407ih.xml</url>
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        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2020-09-29</actionDate>
      <text>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>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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