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.
View on Congress.gov