117-hr-6650117th Congress

No Chinese Communist SURPRISE Parties Act

Sponsored By: Representative Tenney, Claudia [R-NY-24]

Unknown

Summary

No Chinese Communist Subterfuge via Unregistered Regime Presence Rendered Invisible to Shareholders and Equivalent Parties Act or the No Chinese Communist SURPRISE Parties Act This bill requires issuers of securities to annually disclose whether the issuer has established or maintained an organization of the Chinese Communist Party, if an organization of the Chinese Communist Party has participated in the operations of the issuer, and whether the issuer's board of directors (1) owes a fiduciary duty to the issuer and shareholders, and (2) is subject to heightened scrutiny with respect to conflicted controller transactions.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Tenney, Claudia [R-NY-24]

NY • R

Cosponsors

  • Rep. Weber, Randy K. Sr. [R-TX-14]

    TX • R

    Sponsored 2/8/2022

  • Rep. Gohmert, Louie [R-TX-1]

    TX • R

    Sponsored 2/8/2022

  • Rep. Steube, W. Gregory [R-FL-17]

    FL • R

    Sponsored 2/8/2022

  • Rep. Miller, Mary E. [R-IL-15]

    IL • R

    Sponsored 2/8/2022

  • Rep. Jackson, Ronny [R-TX-13]

    TX • R

    Sponsored 2/8/2022

  • Rep. Babin, Brian [R-TX-36]

    TX • R

    Sponsored 2/8/2022

  • Rep. McMorris Rodgers, Cathy [R-WA-5]

    WA • R

    Sponsored 2/8/2022

  • Rep. Van Drew, Jefferson [R-NJ-2]

    NJ • R

    Sponsored 3/24/2022

Roll Call Votes

No roll call votes available for this bill.

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