(a) Within six (6) months of August 5, 2025, and at least annually each year before July 1, a public investment entity shall:(1) (A) Make a good faith effort to identify all investments in a Chinese company or restricted investment product.(B) The good faith effort to identify all investments required under subdivision (a)(1)(A) of this section shall include at least one (1) of the following:(i) A review of publicly available information on where companies are incorporated, are headquartered, and conduct business, including without limitation information provided by nonprofit organizations, research firms, and government entities;(ii) Contact with asset managers or other applicable service providers contracted by the public investment entity for information on investments the service provider has made on behalf of the public investment entity;(iii) Use of an independent research firm for assistance; or(iv) Reliance on the representations of an investment manager, investment advisor, or investment index provider as to the identification of a Chinese company within an investment product; and(2) Publish a report listing all the Chinese companies or restricted investment products in which the public investment entity currently has investments.
(1) (A) Make a good faith effort to identify all investments in a Chinese company or restricted investment product.(B) The good faith effort to identify all investments required under subdivision (a)(1)(A) of this section shall include at least one (1) of the following:(i) A review of publicly available information on where companies are incorporated, are headquartered, and conduct business, including without limitation information provided by nonprofit organizations, research firms, and government entities;(ii) Contact with asset managers or other applicable service providers contracted by the public investment entity for information on investments the service provider has made on behalf of the public investment entity;(iii) Use of an independent research firm for assistance; or(iv) Reliance on the representations of an investment manager, investment advisor, or investment index provider as to the identification of a Chinese company within an investment product; and
(A) Make a good faith effort to identify all investments in a Chinese company or restricted investment product.
(B) The good faith effort to identify all investments required under subdivision (a)(1)(A) of this section shall include at least one (1) of the following:(i) A review of publicly available information on where companies are incorporated, are headquartered, and conduct business, including without limitation information provided by nonprofit organizations, research firms, and government entities;(ii) Contact with asset managers or other applicable service providers contracted by the public investment entity for information on investments the service provider has made on behalf of the public investment entity;(iii) Use of an independent research firm for assistance; or(iv) Reliance on the representations of an investment manager, investment advisor, or investment index provider as to the identification of a Chinese company within an investment product; and
(i) A review of publicly available information on where companies are incorporated, are headquartered, and conduct business, including without limitation information provided by nonprofit organizations, research firms, and government entities;
(ii) Contact with asset managers or other applicable service providers contracted by the public investment entity for information on investments the service provider has made on behalf of the public investment entity;
(iii) Use of an independent research firm for assistance; or
(iv) Reliance on the representations of an investment manager, investment advisor, or investment index provider as to the identification of a Chinese company within an investment product; and
(2) Publish a report listing all the Chinese companies or restricted investment products in which the public investment entity currently has investments.
(b) If a public investment entity has determined the public investment entity has no investments required to be reported under subsection (a) of this section, the public investment entity shall file a report indicating that there are no investments to report.