An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Covered Entity

A Chinese company or organization specifically identified by the U.S. government as linked to military activities, human rights abuses, forced labor, or otherwise listed for national security concerns, including any entities they own or control.

Securities

Financial instruments that represent ownership (like stocks), a debt owed (like bonds), or rights to ownership (like derivatives), and are traded on public markets.

Divestment

The act of selling off assets, in this case, selling off stocks or other investments in specific companies.

Office of Foreign Assets Control (OFAC)

An agency within the U.S. Department of the Treasury that administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals.

Entity List

A list maintained by the U.S. Department of Commerce that identifies foreign persons (companies, organizations, or individuals) subject to specific licensing requirements for the export, reexport, and transfer (in-country) of certain items.

Withhold Release Order

An order issued by U.S. Customs and Border Protection that detains goods at U.S. ports if there is reasonable evidence they were produced using forced labor, preventing them from entering the U.S. market.