SAMDT 3926 — To protect the national security of the United States by imposing sanctions with respect to certain persons of the People's Republic of China and prohibiting and requiring notifications with respect to certain investments by United States persons in the People's Republic of China.

AMENDS

AMENDMENT PROGRESS

STEP 3 OF 3

Proposed

Considered

Disposed

Proposed
Considered
Disposed

DISPOSITION

ADOPTED

OCT 9, 2025

“Amendment SA 3926 agreed to in Senate by Voice Vote.”

what this changes

This amendment restricts certain U.S. investments in China and imposes sanctions on Chinese individuals or companies identified as national security risks. It requires Americans to notify the government before investing in specific Chinese technology sectors and blocks other types of financial support that could help China's military.

WHY IT MATTERS

This represents a significant policy shift toward monitoring 'outbound investment,' ensuring that American money and expertise do not unintentionally fund technological or military advancements in a rival nation.

WHO IS AFFECTED

This primarily affects U.S. venture capital firms, private equity investors, and technology companies, as well as specific Chinese individuals and entities targeted for sanctions.

AMENDS

S 2296PASSED SENATE

National Defense Authorization Act for Fiscal Year 2026

OTHER AMENDMENTS TO THIS BILL

KEY POINTS

low

Investment Notification

Requires U.S. investors to report their financial involvement in sensitive Chinese sectors like artificial intelligence and semiconductors.

low

Economic Sanctions

Provides the legal authority to block financial transactions with Chinese persons or companies deemed a threat to U.S. national security.

low

Strategic Restrictions

Aims to prevent American resources from supporting China's military modernization or surveillance capabilities.

GLOSSARY

Sanctions: Commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual.
Voice Vote: A voting method in which legislators respond orally 'yea' or 'nay,' and the result is determined by the volume of the responses rather than a recorded count of individual names.

Official sources

SAMDT 3926 on Congress.gov

This analysis used: Amendment purpose · Latest action · Amended bill: summary

ACTION TIMELINE

6 EVENTS

OCT 9, 25

Amendment SA 3926 agreed to in Senate by Voice Vote.

FLOOR

OCT 9, 25

Amendment SA 3926 proposed by Senator Cornyn to Amendment SA 3748. (consideration: CR S7069-7070)

FLOOR

OCT 9, 25

Senate amendment proposed (on the floor): Amendment SA 3926 proposed by Senator Cornyn to Amendment SA 3748.

FLOOR

OCT 9, 25

Senate amendment agreed to: Amendment SA 3926 agreed to in Senate by Voice Vote.

FLOOR

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To protect the national security of the United States by imposing sanctions with respect to certain persons of the People's Republic of China and prohibiting and requiring notifications with respect to certain investments by United States persons in the People's Republic of China.

AMENDS

SUMMARY

KEY POINTS

SPONSORSHIP

ACTION TIMELINE

AMENDMENT INFO

READER REACTIONS

Discussion

To protect the national security of the United States by imposing sanctions with respect to certain persons of the People's Republic of China and prohibiting and requiring notifications with respect to certain investments by United States persons in the People's Republic of China.

AMENDS

AMENDMENT PROGRESS