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H.R. 8331 — Introduced in House

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I 116th CONGRESS 2d Session H. R. 8331 IN THE HOUSE OF REPRESENTATIVES September 21, 2020Mr. Posey (for himself, Mr. Weber of Texas, Mr. Gaetz, Mr. Spano, and Mr. Cloud) introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To provide a funding limitation on funds appropriated under the CARES Act. 1. Short title This Act may be cited as the Accountability for CARES Act of 2020. 2. Funding limitation (a) In general None of the funds appropriated under the CARES Act (Public Law 116–136) may be provided to an entity that is under the foreign ownership, control, or influence of— (1) the Government of the People’s Republic of China; (2) the Chinese Communist Party; or (3) an entity domiciled in the People’s Republic of China. (b) Clawback The Secretary of the Treasury, in consultation with the Secretary of State, shall recover all of the amounts appropriated under the CARES Act that were provided to entities described in subsection (a).