Divesting from Communist China’s Military Act of 2026
Rep. Perry Introduces Bill to Ban U.S. Investment in Chinese Military Companies
This bill is currently in the early stages of the legislative process. It has been sent to the House Committees on Foreign Affairs and Financial Services for review. No further actions or hearings have been scheduled at this time.
Legislative Progress
While there is strong bipartisan concern about China, individual bills like this often struggle to pass on their own unless they are added to a much larger defense spending package.
Key Points
Impact Analysis
Personal Impact
While this bill targets traditional securities rather than crypto directly, many investors who hold diversified portfolios including Chinese company stocks or ETFs with exposure to Chinese military-linked firms would need to review and adjust their holdings. The broader investment restriction framework could eventually expand to cover digital assets linked to listed entities.
Milestones
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.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
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Bill Aims to Close Loophole That Allows Chinese Military to Access US Capital
Rep. Scott Perry introduced the Divesting from Communist China's Military Act to align the Pentagon's 1260H list with the Treasury's NS-CMIC list. The bill seeks to prevent Chinese military companies from raising U.S. capital through securities exchanges while facing procurement bans.
Administration Policies on Advanced AI Chips Codified, with Reverberations Across AI Ecosystem
New legislative efforts, including the Divesting from Communist China's Military Act, aim to synchronize the Pentagon's 1260H List with the Treasury's NS-CMIC list. This would ensure that companies identified as military threats are systematically barred from U.S. capital markets.
Source Information
Document Type
Congressional Bill
Official Title
Divesting from Communist China’s Military Act of 2026
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.