Brad J Sherman D

Russia and Belarus Financial Sanctions Act of 2023This bill requires a U.S. Financial institution to take all necessary and available actions to ensure any entity or person owned or controlled by such institution complies with financial sanctions applicable to Russia or Belarus to the same extent required of that institution. 

PRC Military and Human Rights Capital Markets Sanctions Act of 2024This bill prohibits U.S. persons from investing in securities issued by certain sanctioned and otherwise restricted entities, including Chinese military companies and Chinese entities sanctioned for human rights abuses or corruption.The bill establishes divestment deadlines and criminal and civil penalties for violations of the bill.

No China in Index Funds ActThis bill prohibits index funds from investing in Chinese companies. Index funds with investments in Chinese companies on the date of enactment have 180 days to divest. The bill establishes civil penalties for violations. 

No Capital Gains Allowance for American Adversaries Act This bill treats gains and dividends derived from transactions involving countries of concern as ordinary income. The bill defines countries of concern to include China (including Hong Kong and Macao and excluding Taiwan), Russia, Belarus, Iran, and North Korea.  

China Risk Reporting ActThis bill requires publicly traded companies to report on specified connections to and reliance on supply chains in specified foreign markets, including China, Taiwan, and Japan. In particular, companies must describe their risk associated with (1) a significant disruption to the economic relations between China and the United States; (2) disruptions resulting from Chinese military action against …