Foreign Investment Guardrails to Help Thwart (FIGHT) China Act
The source supplies the latest action, but no lifecycle stage.
Latest action (21 Mar 2025): Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
What this bill does
The FIGHT China Act would authorize sanctions against certain individuals and entities from the People's Republic of China. It would also require U.S. persons to notify the Treasury Department about certain investments in China related to national security. The bill aims to protect U.S. national security by restricting investments in technologies deemed critical to national security.
This legislation would affect U.S. persons considering investments in China, particularly those involving national security technologies, and certain Chinese individuals and entities. The Secretary of the Treasury would be empowered to implement the sanctions and investment restrictions, with penalties for violations. Authorized appropriations of $150 million are included for the first two fiscal years after enactment to carry out the act.
The bill was introduced in the House of Representatives and referred to the Committees on Foreign Affairs and Financial Services. Its current status is "Introduced," meaning it has not yet been passed by either chamber of Congress or signed into law by the President. Further legislative action would be required for it to become law.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
21 Mar 2025
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Common questions
- What does H.R. 2246 do?
- The FIGHT China Act would authorize sanctions against certain individuals and entities from the People's Republic of China. It would also require U.S. persons to notify the Treasury Department about certain investments in China related to national security. The bill aims to protect U.S. national security by restricting investments in technologies deemed critical to national security. This legislation would affect U.S. persons considering investments in China, particularly those involving national security technologies, and certain Chinese individuals and entities. The Secretary of the Treasury would be empowered to implement the sanctions and investment restrictions, with penalties for violations. Authorized appropriations of $150 million are included for the first two fiscal years after enactment to carry out the act. The bill was introduced in the House of Representatives and referred to the Committees on Foreign Affairs and Financial Services. Its current status is "Introduced," meaning it has not yet been passed by either chamber of Congress or signed into law by the President. Further legislative action would be required for it to become law.
- Has H.R. 2246 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 2246. Check the latest action and official source below.
- Who sponsored H.R. 2246?
- H.R. 2246 was sponsored by Rep. Barr, Andy [R-KY-6] (R-KY), with 6 cosponsors.
- What's the latest action on H.R. 2246?
- Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (21 Mar 2025).
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