Divesting from Communist China’s Military Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3640 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3640 To require the Secretary of the Treasury to include any entity identified as a Chinese military company on the Non-SDN Chinese Military-Industrial Complex Companies List. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 14, 2026 Mr. Scott of Florida (for himself, Mr. Cruz, Mr. Banks, and Mrs. Moody) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To require the Secretary of the Treasury to include any entity identified as a Chinese military company on the Non-SDN Chinese Military-Industrial Complex Companies List. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Divesting from Communist China's Military Act of 2026''. SEC. 2. FINDINGS. Congress makes the following findings: (1) In Executive Order 13959 (50 U.S.C. 1701 note; relating to addressing the threat from securities investments that finance Communist Chinese Military Companies), President Donald J. Trump described the People's Republic of China's military- industrial complex by specifically citing the military-civil fusion strategy of the Government of the People's Republic of China, in which that Government ``is increasingly exploiting United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses . . . [k]ey to the development of the PRC's military, intelligence, and other security apparatuses is the country's large, ostensibly private economy''. (2) In Executive Order 14032 (50 U.S.C. 1701 note; relating to addressing the threat from securiti