,,ii #aai? ,,congress #a/ ,session ,s4 #bjdh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #ab1 #bjbe,mr4 ,ricketts introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to prohibit ! pur*ase ( c]ta9 securities f cov]$ entities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,prc ,milit>y & ,human ,rights ,capital ,m>kets ,sanctions ,act ( #bjbe4 #b4 ,prohibition on pur*ase ( c]ta9 securities f cov]$ entities 7a7 ,def9itions 7#a7 ,cov]$ entity 7,a7 ,9 g5]al ,9 ?is section1 ! t]m cov]$ entity means ! foll[+3 7i7 ,any entity t is on ! li/ ( ,specially ,designat$ ,nationals & ,block$ ,p]sons ma9ta9$ by ! ,(fice ( ,=eign ,assets ,control ( ! ,dep>tm5t ( ! ,treasury1 or any entity "u common own]%ip or control ) su* entity4 7ii7 ,any entity on ! ,non-,,sdn ,*9ese ,milit>y-,indu/rial ,complex ,companies ,li/ 7commonly kn[n z ! ,,ns-,,cmic ,li/7 ma9ta9$ by ! ,(fice ( ,=eign ,assets ,control ( ! ,dep>tm5t ( ! ,treasury pursuant to ,executive ,ord] #aciei 7#ej ,u4,s4,c4 #agja note2 relat+ to address+ ! ?reat f securities inve/m5ts t f9ance communi/ ,*9ese milit>y companies71 or any entity "u common own]%ip or control ) su* entity4 7iii7 ,any ,*9ese milit>y company includ$ on ! li/ ma9ta9$ by ! ,dep>tm5t ( ,def5se "u section #abfj;,h7b7 ( ! ,william ,m4 7,mac7 ,?ornb]ry ,national ,def5se ,au?orization ,act = ,fiscal ,ye> #bjba 7,public ,law #aaf-bhc2 #aj ,u4,s4,c4 #aac note7 z ( ! date ( ! enactm5t ( ?is ,act1 or any entity "u common own]%ip or control ) su* company4 7iv7 ,any ,*9ese entity ) respect to :i* sanctions h be5 impos$ "u ! "u ! ,global ,magnitsky ,human ,rights ,acc\ntability ,act 7#bb ,u4,s4,c4 #ajaja et seq471 or any entity "u common own]%ip or control ) su* entity4 7v7 ,any ,*9ese entity t produces goods t h be5 ! subject ( a )hold release ord] issu$ pursuant to section #cjg ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #acjg7 dur+ ! #b-ye> p]iod end+ on ! date ( ! enactm5t ( ?is ,act1 or any entity "u common own]%ip or control ( su* entity4 7vi7 ,any ,*9ese entity includ$ on ! ,entity ,li/ ma9ta9$ by ! ,bureau ( ,indu/ry & ,security ( ! ,dep>tm5t ( ,comm]ce & set =? 9 ,supplem5t ,no4 #d to "p #gdd ( title #ae1 ,code ( ,f$]al ,regulations1 or any entity "u common own]%ip or control ) su* entity4 7vii7 ,any ,*9ese entity on a li/ ma9ta9$ "u clause 7i71 7ii71 7iv71 or 7v7 ( section #b7;d77#b77;,b7 ( ! ,act entitl$ ,an ,act to ensure t goods made ) =c$ labor 9 ! ,x9jiang ,autonom\s ,region ( ! ,p's ,republic ( ,*9a d n ent] ! ,unit$ ,/ates m>ket1 & = o!r purposes1 approv$ ,decemb] #bc1 #bjba 7,public ,law #aag-gh2 #bb ,u4,s4,c4 #fija note7 7commonly ref]r$ to z ! ,uyghur ,=c$ ,labor ,prev5tion ,act71 or any entity "u common own]%ip or control ) su* entity4 7viii7 ,any ,*9ese entity on ! ,milit>y ,end-,us] ,li/ ma9ta9$ by ! ,bureau ( ,indu/ry & ,security & set =? 9 ,supplem5t ,no4 #g to "p #gdd ( title #ae1 ,code ( ,f$]al ,regulations1 or any entity "u common own]%ip or control ) su* entity4 7,b7 ,control ,= purposes ( subp>agraph 7,a71 ! t]m control has ! mean+ giv5 ! t]m 9 section #bcj4dje ( title #ag1 ,code ( ,f$]al ,regulations4 7#b7 ,unit$ /ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 7,b7 an entity organiz$ "u ! laws ( ! ,unit$ ,/ates or any jurisdiction )9 ! ,unit$ ,/ates1 includ+ a =eign bran* ( su* an entity2 or 7,c7 any p]son 9 ! ,unit$ ,/ates4 7b7 ,prohibition ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,presid5t %all-- 7#a7 compile & ma9ta9 a s+le li/ ( cov]$ entities2 7#b7 :]e possible1 include 9 ! li/ describ$ 9 p>agraph 7#a7 a unique id5tification numb] = ea* cov]$ entity1 su* z a ,committee on ,uni=m ,securities ,id5tification ,proc$ures numb] or a ,/ock ,ex*ange ,daily ,(ficial ,li/ numb]2 7#c7 make ! li/ describ$ 9 p>agraph 7#a7 available to ! public2 & 7#d7 publicly id5tify & prohibit ! pur*ase1 sale1 or hold+ by a ,unit$ ,/ates p]son ( a-- 7,a7 publicly trad$ security issu$ by a cov]$ entity2 7,b7 publicly trad$ security t is d]ivative ( a publicly trad$ security issu$ by a cov]$ entity2 & 7,c7 security t provides inve/m5t exposure to a publicly trad$ security issu$ by a cov]$ entity4 7c7 ,dive/m5t requir$ 7#a7 ,9 g5]al ,not)/&+ subsection 7b71 a ,unit$ ,/ates p]son %all dive/ ( all securities describ$ 9 subsection 7b7-- 7,a7 ) respect to a security id5tifi$ by ! ,presid5t "u subsection 7b7 be=e ! end ( ! #ij-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act2 & 7,b7 ) respect to a security id5tifi$ by ! ,presid5t "u subsection 7b7 aft] ! end ( ! #ij-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 n lat] ?an #ahj days aft] ! date ( su* id5tification4 7#b7 ,facilitat+ dive/m5t transactions ,subsection 7b7 %all n apply to a ,unit$ ,/ates p]son to ! ext5t ! p]son is facilitat+ ! dive/m5t ( securities describ$ 9 p>agraph 7#a74 7d7 ,p5alties 7#a7 ,9 g5]al ,a ,unit$ ,/ates p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( ?is ,act %all be subject to ! foll[+ p5alties3 7,a7 ,a civil p5alty 9 an am\nt n to exce$ ! great] (-- 7i7 #bej1jjj2 or 7ii7 an am\nt t is twice ! am\nt ( ! transaction t is ! basis ( ! violation ) respect to :i* ! p5alty is impos$4 7,b7 ,) respect to a ,unit$ ,/ates p]son t willfully violates1 willfully attempts to violate1 willfully conspires to violate1 or aids or abets 9 ! commission ( a violation ( ?is ,act %all be subject to a crim9al p5alty-- 7i7 ( a f9e ( n m ?an #a1jjj1jjj2 or 7ii7 if su* ,unit$ ,/ates p]son is an individual1 a f9e ( n m ?an #a1jjj1jjj1 a t]m ( imprisonm5t ( n m ?an #bj ye>s1 or bo?4 7#b7 ,am\nt ( a transaction def9$ ,= purposes ( p>agraph 7#a77;,a77ii71 ! t]m am\nt ( a transaction means-- 7,a7 ) respect to a pur*ase t violates ?is ,act1 ! pur*ase price2 7,b7 ) respect to a sale t violates ?is ,act1 ! sale price2 & 7,c7 ) respect to ! hold+ ( a security t violates ?is ,act1 ! fair m>ket value ( ! security at ! "t ( ! violation4