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Protecting American Capital Act of 2023

This bill requires the Department of the Treasury to annually report to Congress on U.S. portfolio investments in China. The report must include

the U.S. persons making the investments, including state pension funds and those making more than 2% of the total annual investments; and
the Chinese entities receiving the investments, including Chinese entities subject to U.S. sanctions and Chinese entities receiving more than $100 million.

The initial report must include investment information back to January 1, 2008.

HR7476-118, S4586-118,

Senate Actions

IntroReferral
Mar. 16 2023	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

IntroReferral
Mar. 16 2023	Introduced in Senate