,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #hdjg  ,,in ,,the ,,house ,,of  
,,representatives  ,september #bi1      
#bjbj,mr4 ,reschenthaler 7for himself1  
,mr4 ,mc,caul1 and ,mr4 ,riggleman7     
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     
require the ,securities and ,exchange   
,commission to assess whether the       
disclosure of information related to    
investments in certain entities is      
necessary or appropriate for the        
purposes of certain reports under the   
securities laws1 to establish the       
,entities of the ,people's ,republic of 
,china that ,threaten ,united ,states   
,national ,security ,list1 and for other
 purposes4  #a4 ,short title ,this ,act 

may be cited as the ,protecting         
,national ,security in ,financial       
,investments ,act4  #b4 ,assessment of  
information with respect to investments 
in certain entities  7a7 ,in general    
,not later than #cfj days following the 
date of the enactment of this ,act1 the 
,securities and ,exchange ,commission1  
in consultation with the ,secretary of  
the ,treasury1 shall submit to the      
,committee on ,financial ,services of   
the ,house of ,representatives and the  
,committee on ,banking1 ,housing1 and   
,urban ,affairs of the ,senate a report 
assessing whether disclosure of         
investments in entities on the entity   
list by an issuer qualifies as necessary
 or appropriate for the purposes of     
section #ac7;a7 of the ,securities      
,exchange ,act of #aicd4  7b7           
,rulemaking ,not later than #ahj days   
following submission of the report      
required under subsection 7a71 the      
,securities and ,exchange ,commission   
shall prescribe regulations requiring an

 issuer to disclose in any annual report
 required under section #ac of the      
,securities ,exchange ,act of #aicd1 and
 in any prospectus in connection with an
 initial public offering1 the           
information assessed by the ,commission 
in such report to be necessary or       
appropriate for the purposes of         
subsection 7a7 of such section #ac4  7c7
 ,definitions ,in this section3 7#a7    
,entity list ,the term entity list means
 the list maintained by the ,bureau of  
,industry and ,security of the          
,department of ,commerce and set forth  
in ,supplement ,no4 #d to part #gdd of  
the ,export ,administration             
,regulations4  7#b7 ,export             
,administration ,regulations ,the term  
,export ,administration ,regulations    
means subchapter ,c of chapter ,,vii of 
title #ae1 ,code of ,federal            
,regulations4  #c4 ,entities of the     
,people's ,republic of ,china that      
,threaten ,united ,states ,national     
,security ,list  7a7 ,in general ,not   

later than one year after the date of   
the enactment of this ,act1 and annually
 thereafter1 the ,secretary of ,state1  
in consultation with the ,director of   
,national ,intelligence1 the ,secretary 
of ,defense1 and the ,secretary of      
,commerce1 shall submit to the ,congress
 a list of-- 7#a7 each entity of the    
,people's ,republic of ,china associated
 with the ,people's ,liberation ,army1  
the ,chinese ,people's ,armed ,police   
,force1 the ,ministry of ,state         
,security1 or the ,china ,coast ,guard1 
including any entity that-- 7,a7 is a   
listed military supplier2  7,b7 is      
licensed to engage in military          
production2  7,c7 is carrying out a     
declared military-civil fusion business 
strategy2  7,d7 is a military factory   
representative1 on-site2  7,e7 maintains
 an office in a military-civil          
fusion-linked industrial zone2  7,f7 is 
a defense contractor or is involved in a
 defense contractor partnership2  7,g7  
is engaged in collaborative efforts with

 a defense research and development     
university2  7,h7 is a subsidiary of a  
defense university2 or  7,i7 is a       
military-civil fusion funding provider  
or recipient2 and  7#b7 each entity of  
the ,people's ,republic of ,china that  
is owned1 controlled1 or influenced by  
an entity on the entity list4  7b7      
,reference ,the list required by        
subsection 7a7 may be referred to as the
 ,entities of the ,people's ,republic of
 ,china that ,threaten ,united ,states  
,national ,security ,list4  7c7 ,public 
availability ,the ,secretary of ,state  
shall make each list submitted pursuant 
to subsection 7a7 available to the      
public1 including on a website of the   
,department of ,state1 but shall remove 
any classified portions of such list4   
7d7 ,statement of policy ,it is the     
policy of the ,united ,states that the  
,entities of the ,people's ,republic of 
,china that ,threaten ,united ,states   
,national ,security ,list should inform 
,federal ,government policy4  7e7       

,definitions ,in this section3 7#a7     
,entity list ,the term entity list means
 the list maintained by the ,bureau of  
,industry and ,security of the          
,department of ,commerce and set forth  
in ,supplement ,no4 #d to part #gdd of  
the ,export ,administration             
,regulations4  7#b7 ,export             
,administration ,regulations ,the term  
,export ,administration ,regulations    
means subchapter ,c of chapter ,,vii of 
title #ae1 ,code of ,federal            
,regulations4