I
117th CONGRESS
1st Session
H. R. 3719
IN THE HOUSE OF REPRESENTATIVES
June 4, 2021
Mr. Sean Patrick Maloney of New York introduced the following bill; which was referred to the Committee on Transportation and Infrastructure
A BILL
To amend the Continuing Appropriations Act, 2021 and Other Extensions Act to limit financial assistance provided to State-owned enterprises, and for other purposes.
Limitation on financial assistance for state-owned enterprises
Title I of division B of the Continuing Appropriations Act, 2021 and Other Extensions Act (Public Law 116–159) is amended by adding at the end the following:
Limitation on financial assistance for state-owned enterprises
In general
Funds authorized under this division may not be used in awarding a contract, subcontract, grant, or loan to an entity that is owned or controlled by, is a subsidiary of, or is otherwise related legally or financially to a corporation based in a country that—
is identified as a nonmarket economy country (as defined in section 771(18) of the Tariff Act of 1930 (19 U.S.C. 1677(18))) as of the date of enactment of this Act;
was identified by the United States Trade Representative in the most recent report required by section 182 of the Trade Act of 1974 (19 U.S.C. 2242) as a priority foreign country under subsection (a)(2) of that section; and
is subject to monitoring by the Trade Representative under section 306 of the Trade Act of 1974 (19 U.S.C. 2416).
Exception
For purposes of subparagraph (A), the term otherwise related legally or financially
does not include a minority relationship or investment.
International agreements
This paragraph shall be applied in a manner consistent with the obligations of the United States under international agreements.
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