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S. 1359IntroducedSenate · nowHousePresidentLawIn committee
Sec. 4 · S. 1359

Expansion of Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List

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Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury shall prescribe regulations to expand the Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List (commonly referred to as the NS–CMIC List) of the Office of Foreign Assets Control to include— (1) any entity engaged in supporting the Chinese military-industrial complex; (2) any entity that is owned or controlled by an entity described in paragraph (1); (3) any entity that is formed from a spin-off, merger or acquisition, or sale of a business unit involving an entity described in paragraph (1) or is otherwise a successor to such an entity; and (4) any entity that provides financial services for an entity described in paragraph (1), (2), or (3).