United States 116th Congress Status: Enacted 1 D cosponsors

HR 7440 — Hong Kong Autonomy Act

Last action — Became Public Law No: 116-149. (TXT | PDF)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced July 01, 2020. Enacted.

Summary

Imposes sanctions on foreign individuals and entities that materially contribute to China's failure to preserve Hong Kong's autonomy. Hong Kong is part of China but has a largely separate legal and economic system with protections for civil rights such as freedom of speech. This arrangement is enshrined in (1) the Joint Declaration, a 1984 treaty pertaining to the United Kingdom's transfer of Hong Kong's sovereignty to China; and (2) the Basic Law, Hong Kong's constitutional document. The Department of State shall report annually to Congress information about (1) foreign individuals and entities that materially contributed to China's failure to comply with the Joint Declaration or the Basic Law; and (2) foreign financial institutions that knowingly conducted a significant transaction with such identified individuals and entities. An individual, entity, or financial institution may be excluded from this report for various reasons, such as to protect an intelligence source. The President shall impose property-blocking sanctions on an individual or entity named in a report, and visa-blocking sanctions on a named individual. The President shall impose various sanctions on a financial institution named in a report, such as prohibiting the institution from receiving loans from a U.S. financial institution. The President may waive or terminate the imposition of sanctions under this bill. Congress may override such a waiver or termination by passing a joint resolution of disapproval.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 7440 on the official United States source →

Action History

  1. Became Public Law No: 116-149. (TXT | PDF)

  2. Signed by President.

  3. Referred to the Subcommittee on Trade.

  4. Presented to President.

  5. Message on Senate action sent to the House.

  6. Passed Senate without amendment by Unanimous Consent. (consideration: CR S4180)

  7. Received in the Senate, read twice.

  8. Motion to reconsider laid on the table Agreed to without objection.

  9. On passage Passed without objection.

  10. H.Amdt.831 On agreeing to the Sherman amendment (A001) Agreed to without objection.

  11. H.Amdt.831 Amendment (A001) offered by Mr. Sherman. (consideration: CR H3044; text: CR H3044)

  12. Considered by unanimous consent. (consideration: CR H3039-3044; text: CR H3039-3044)

  13. Mr. Sherman asked unanimous consent to discharge from committee and consider.

  14. Committee on Rules discharged.

  15. Committee on Ways and Means discharged.

  16. Committee on Financial Services discharged.

  17. Committee on the Judiciary discharged.

  18. Committee on Foreign Affairs discharged.

  19. Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  20. Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  21. Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  22. Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  23. Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Financial Services, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  24. Introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

International affairs Asia Banking and financial institutions regulation China Congressional oversight Corporate finance and management Foreign and international banking Foreign loans and debt Foreign property Hong Kong Human rights Intelligence activities, surveillance, classified information International monetary system and foreign exchange Legislative rules and procedure News media and reporting Presidents and presidential powers, Vice Presidents Protest and dissent Rule of law and government transparency Sanctions Sovereignty, recognition, national governance and status Trade restrictions U.S. and foreign investments Visas and passports War and emergency powers
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Frequently asked questions

What does HR 7440 do?
Imposes sanctions on foreign individuals and entities that materially contribute to China's failure to preserve Hong Kong's autonomy. Hong Kong is part of China but has a largely separate legal and economic system with protections for civil rights such as freedom of speech. This arrangement is enshrined in (1) the Joint Declaration, a 1984 treaty pertaining to the United Kingdom's transfer of Hong Kong's sovereignty to China; and (2) the Basic Law, Hong Kong's constitutional document. The Department of State shall report annually to Congress information about (1) foreign individuals and entities that materially contributed to China's failure to comply with the Joint Declaration or the Basic Law; and (2) foreign financial institutions that knowingly conducted a significant transaction with such identified individuals and entities. An individual, entity, or financial institution may be excluded from this report for various reasons, such as to protect an intelligence source. The President shall impose property-blocking sanctions on an individual or entity named in a report, and visa-blocking sanctions on a named individual. The President shall impose various sanctions on a financial institution named in a report, such as prohibiting the institution from receiving loans from a U.S. financial institution. The President may waive or terminate the imposition of sanctions under this bill. Congress may override such a waiver or termination by passing a joint resolution of disapproval.
Who sponsors HR 7440?
HR 7440 is sponsored by Brad Sherman (D).
What is the current status of HR 7440?
This bill has been enacted into law. Introduced July 01, 2020. Enacted.
Where can I track HR 7440?
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