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H.R. 3011: Holding Chinese Military Companies Accountable Act

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H.R. 3011: Holding Chinese Military Companies Accountable Act

117th Congress · introduced 2021-05-07 · International Affairs · Latest: Referred to the House Committee on Foreign Affairs.

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Follow this bill, step by step

  1. Where it came from: introduced 2021-05-07 · official record
  2. Who proposed it: Rep. Banks, Jim [R-IN-3] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Foreign Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Holding Chinese Military Companies Accountable Act

Plain summary

Holding Chinese Military Companies Accountable Act This bill expands the definition of a Communist Chinese military company and addresses related issues. (Current law authorizes the President to exercise certain economic powers, such as investigating or prohibiting payments, involving a person designated a Communist Chinese military company.) Under this bill, the Department of Defense (DOD) shall apply the designation to a person (i.e., an individual or entity) with significant investments in certain technology sectors, such as fifth-generation wireless communications or artificial intelligence, if the person is owned by, controlled by, or affiliated with the Chinese Communist Party or any person who has ever been a delegate to the National People's Congress. The bill also requires DOD to continue making periodic determinations regarding such designations until December 31, 2026.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Holding Chinese Military Companies Accountable Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Banks, Jim [R-IN-3] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

W. Gregory Steube (R-FL), Joe Wilson (R-SC)

Sponsor's campaign money: Rep. Banks, Jim [R-IN-3] reported raising $2.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
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Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr3011 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117