CCP Businesses Registered Agent Act
Sponsored By: Representative Letlow, Julia [R-LA-5]
Unknown
Summary
CCP Businesses Registered Agent Act This bill requires specified companies and other entities associated with China to register an agent with the Department of Commerce for service of process (i.e., the legal process for notifying a defendant that legal action has been taken against them) in the United States. Specifically, a corporation or other commercial entity conducting business in the United States must register an agent if the entity (1) is owned by officers, members, or affiliates of the Chinese Communist Party, the People's Liberation Army of China, or any governmental organ of China; (2) has a majority of shares held by individuals or a group associated with China; (3) is owned by individuals or entities who reside in or are headquartered outside of the United States and the majority of the entity's earnings are derived from commerce associated with China; or (4) is organized under the laws of, or has its principal place of business in, China.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Letlow, Julia [R-LA-5]
LA • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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