,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #feih  ,,in ,,the ,,house ,,of  
,,representatives  ,april #bc1 #bjbj,mr4
 ,green of ,tennessee introduced the    
following bill2 which was referred to   
the ,committee on ,financial ,services1 
and in addition to the ,committee on    
,foreign ,affairs1 for a period to be   
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to preserve national        
security by providing guarantees to     
investors for investments in businesses 
at risk of predatory economic tactics by
 the ,communist ,party of the ,people's 
,republic of ,china1 and for other      
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,secure ,our        
,systems ,against ,china's ,tactics ,act
 or the ,,sos ,,act ,act4  #b4 ,sense of
 ,congress ,it is the sense of ,congress
 that-- 7#a7 while the ,united ,states  
is committed to promoting cultural and  

technological exchange with other       
countries1 it is our responsibility to  
protect the ,united ,states when        
channels for such exchange are exploited
 by adversaries2 and  7#b7 the ,people's
 ,republic of ,china consistently seeks 
to exploit those channels1 not only in  
its theft of intellectual property but  
also in its manipulation of lawful      
acquisition of companies in the ,united 
,states in ways that directly support   
its military objectives and threaten    
those of the ,united ,states4  #c4      
,guarantees  7a7 ,in general ,the       
,secretary of the ,treasury is          
authorized to make guarantees to        
investors to cover up to #ej percent of 
the costs of an investment in an        
eligible business made during the       
emergency period 7as defined in         
paragraph 7#a77;,b7 of section #aace7;g7
 of the ,social ,security ,act 7#db     
,u4,s4,c4 #acbj;b-#e7;g7774  7b7        
,criteria for awarding guarantees  7#a7 
,in general ,in making guarantees       

pursuant to subsection 7a71 the         
,secretary of the ,treasury shall1 in   
consultation with the ,secretary of     
,defense and the ,secretary of          
,commerce1 establish criteria to award  
guarantees to investors4  7#b7 ,national
 security interest ,in establishing the 
criteria under paragraph 7#a71 the      
,secretary of the ,treasury shall1 in   
consultation with the ,secretary of     
,defense and the ,secretary of ,state1  
determine which eligible businesses     
should be prioritized based on the      
objectives of the #bjah ,national       
,defense ,strategy4  7#c7 ,report       
required ,not later than #ae days after 
the date of the enactment of this ,act1 
the ,secretary of the ,treasury1 the    
,secretary of ,defense1 and the         
,secretary of ,commerce shall jointly   
submit to ,congress a report outlining  
the criteria established under paragraph
 7#a74  7c7 ,funding ,in carrying out   
this section1 the ,secretary of the     
,treasury shall redirect1 from the funds

 available under section #djjc7;b77#d7  
of the ,,cares ,act 7,public ,law       
#aaf-acf71 #aj1jjj1jjj1jjj to fund the  
guarantees under subsection 7a74  7d7   
,duration ,the ,secretary of the        
,treasury may make the guarantees       
authorized under subsection 7a7 during  
the period beginning on the date of the 
submission of the report required under 
subsection 7b77#c7 and ending on the    
date that is #a year after the date of  
the enactment of this ,act4  7e7        
,limitations ,with respect to an        
investment guaranteed under this section
 by an investor in an eligible business1
 if such business fails-- 7#a7 such     
investor may only receive monetary      
compensation for up to #c years after   
the last day of the emergency period 7as
 defined in paragraph 7#a77;,b7 of      
section #aace7;g7 of the ,social        
,security ,act 7#db ,u4,s4,c4           
#acbj;b-#e7;g7771 if the reason for the 
failure of such business is reasonably  
related to issues stemming from         

,,covid-#ai2 and  7#b7 the ,secretary of
 the ,treasury shall determine how much 
money such investor may recover and     
whether such investor may recover money 
before or after the liquidation of such 
business4  7f7 ,eligible business       
defined ,in this section1 the term      
eligible business means a company that--
 7#a7 incurred losses as a result of    
,,covid-#ai2  7#b7 advances a national  
security interest2 and  7#c7 is         
susceptible to being purchased by an    
entity from1 associated with1 or located
 within ,china 7as defined in paragraph 
7#a77;,b7 of section #aace7;g7 of the   
,social ,security ,act 7#db ,u4,s4,c4   
#acbj;b-#e7;g7774