S. 2048 · Where this bill is now
In committee
Introduced in the Senate, Jun 12, 2025
What this bill does
In plain words · AI-written from the official summaryRestricts U.S. investment in Chinese military companies
This bill prevents Americans and U.S. companies from buying or holding stocks and bonds issued by Chinese military companies and Chinese companies that have been sanctioned for human rights abuses or corruption. If you own these securities, the bill sets a deadline for you to sell them, and it creates both criminal and civil penalties for people who break these rules.
How it affects you
If you invest in the stock market through retirement accounts, mutual funds, or directly, this could affect what your investments include, since fund managers would need to follow these restrictions. The bill is designed to limit American money flowing into these Chinese entities, but the CRS summary doesn't spell out specific ways this changes everyday life for most people.
Read the official summary (Introduced in Senate, Jun 12, 2025)
PRC Military and Human Rights Capital Markets Sanctions Act of 2025
This 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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 2048
A BILL
PRC Military and Human Rights Capital Markets Sanctions Act of 2025
Sponsor: Sen. Pete Ricketts (R-NE) · Introduced Jun 12, 2025 · Finance and Financial Sector · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jun 12, 2025: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.”