Bill · S. 1359· Senate(119-S-1359)
STOP CCP Act of 2025
- Introduced
- 4/8/2025
- Last activity
- 4/8/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Rick Scott
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "STOP CCP Act of 2025," aims to prohibit United States persons from investing in certain Chinese companies. It prohibits the purchase, sale, or servicing of publicly traded securities issued by entities operating in the Chinese defense, related materiel, or surveillance technology sectors. Additionally, the Act requires the expansion of the Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List. This expansion includes entities supporting the Chinese military-industrial complex or those providing them financial services. Finally, the bill seeks to close sanctions loopholes by requiring sanctions to be applied across various statutes unless a waiver is granted.
Yes· 3 of 4
Does this give the federal government more power?+4
The bill expands the authority of the Treasury and State departments regarding sanctions and oversight.
Does this make what the government does easier for the public to see?+3
The bill requires specific reports to Congress regarding sanctions and waivers.
Does this better protect the country from computer attacks?+3
By limiting investments in Chinese surveillance technology, it may mitigate certain security risks.
The opposite· 3 of 6
Would high-income households be better off under this?-2
High-income individuals often have larger portfolios that may be affected by these investment prohibitions.
Would people with substantial wealth be better off under this?-2
The restrictions limit the range of available securities for large-scale portfolios.
Would the very wealthiest people be better off under this?-2
The bill restricts access to specific high-growth or specialized sectors in China.
Who it would affect, and how
Potential Positive Impacts for People
-
Prohibition of specific investments: The bill stops United States persons from purchasing or selling securities issued by entities in the defense and related materiel or surveillance technology sectors of the People's Republic of China (Section 3).
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Expansion of oversight lists: The Secretary of the Treasury will expand the Non-Specially Designated Nationals Chinese Military-Industrial Complex Companies List to include entities that support the Chinese military-industrial complex or provide them financial services (Section 4).
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Closing of sanctions loopholes: The bill ensures that if sanctions are imposed on a Chinese entity under one statute, they are applied under all other applicable statutes and executive orders unless a specific waiver is provided (Section 5).
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Increased Congressional oversight: The President must submit a report to Congress at least 20 days before a national security waiver takes effect and must report to Congress within 20 days after the termination of any sanction (Section 5).
Potential Negative Impacts for People
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Restrictions on financial activities: United States persons are prohibited from the purchase, sale, execution, support, or servicing of certain publicly traded securities related to specific Chinese sectors (Section 3).
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Prohibition of certain transactions: Any transaction that attempts to evade or avoid the prohibitions described in the Act, or any conspiracy to violate those prohibitions, is prohibited (Section 3).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires-2Good For High Income Households-2Good For High Net Worth Individuals-2Good For Ultra High Net Worth Individuals-2
- Governance And Ideology
- Increases Federal Power+4Improves Government Transparency+3
- Education And Technology
- Improves Data Privacy+2
- Economy And Finance
- Improves Economic Growth-1
- National Security And Foreign Policy
- Improves Cybersecurity Defense+3Improves International Trade-2
- 4/8/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2 Cosponsors added.
- Introduced in Senate
Marsha BlackburnRepublican · Tennessee
Cindy Hyde-SmithRepublican · Mississippi