,,ii  #aahth ,,congress  #ast ,session  
,s4 #afej  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ag1      
#bjbc,mr4 ,rubio 7for himself1 ,mrs4    
,shaheen1 ,ms4 ,ernst1 ,mr4 ,hawley1 and
 ,mr4 ,scott of ,florida7 introduced the
 following bill2 which was read twice   
and referred to the ,committee on       
,homeland ,security and ,governmental   
,affairs  ,a ,,bill  ,to amend title #e1
 ,united ,states ,code1 to provide that 
sums in the ,thrift ,savings ,fund may  
not be invested in securities that are  
listed on certain foreign exchanges1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the          
,taxpayers and ,savers ,protection ,act 
of #bjbc or the ,,tsp ,act of #bjbc4    
#b4 ,investment of ,thrift ,savings     
,fund ,section #hdch of title #e1       
,united ,states ,code1 is amended by    
adding at the end the following3  7i7   
7#a7 ,in this subsection-- 7,a7 the term
 country of concern means any country   
7including any special administrative   

region of such country7 identified as a 
threat to the national security of the  
,united ,states in the most recent      
report submitted to ,congress by the    
,director of ,national ,intelligence    
under section #ajh;,b of the ,national  
,security ,act of #aidg 7#ej ,u4,s4,c4  
#cjdc;b7 7commonly referred to as the   
,annual ,threat ,assessment72  7,b7 the 
terms exchange1 issuer1 and security    
have the meanings given those terms in  
section #c7;a7 of the ,securities       
,exchange ,act of #aicd 7#ae ,u4,s4,c4  
#gh;c7a772  7,c7 the term national      
securities exchange means an exchange   
that is registered pursuant to section  
#f of the ,securities ,exchange ,act of 
#aicd 7#ae ,u4,s4,c4 #gh;f72  7,d7 the  
term publicly listed company means an   
issuer1 the securities of which are     
listed on a national securities         
exchange2 and  7,e7 the term security of
 concern means a security-- 7i7 that is 
listed on an exchange in a country of   
concern2  7ii7 the issuer with respect  

to which is incorporated in1 or         
otherwise subject to the jurisdiction of
 the government of1 a country of        
concern2 or  7iii7 more than #ej percent
 of the revenue of the issuer with      
respect to which is-- 7,i7 generated in 
a country of concern2  7,,ii7           
consolidated under generally accepted   
accounting principles in the ,united    
,states2 and  7,,iii7 after the         
consolidation described in subclause    
7,,ii71 incorporated into the financial 
statement of a publicly listed company4 
7#b7 ,notwithstanding any other         
provision of this section1 no sums in   
the ,thrift ,savings ,fund may be       
invested in any security of concern1    
without regard to-- 7,a7 the exchange   
through which the security of concern is
 purchased2 or  7,b7 whether the        
security of concern is purchased-- 7i7  
in synthetic form1 such as through an   
equity swap or similar financial        
instrument2 or  7ii7 through a mutual   
fund made available through any mutual  

fund window added pursuant to subsection
 7b77#e74  7#c7 ,the ,executive         
,director shall consult with the        
,securities and ,exchange ,commission on
 a biennial basis in order to ensure    
compliance with paragraph 7#b74  4