CCP Sanctions Shot Clock Act
- Bill Number
- S. 4581
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 2
- Policy Area
- International Affairs
- Status
- Introduced
- Latest Action
- 2026-05-20: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Last Updated
- 2026-06-02T19:40:22Z
AI-Generated Summary
Summary of S. 4581
Purpose
This legislation aims to strengthen U.S. sanctions processes by requiring timely updates to a list of Chinese companies linked to military and industrial activities. It establishes a deadline for the government to act on information from presidential reports.
Key Provisions
- The bill amends Section 8531 of the National Defense Authorization Act for Fiscal Year 2026.
- It creates a new requirement for the Secretary of the Treasury to update the Non-SDN Chinese Military-Industrial Complex Companies List.
- Within one year after the President submits a report identifying foreign persons who qualify for the list, the Secretary must:
- Add those persons to the list if they are not already included.
- Publish a revised version of the list in the Federal Register.
- The original subsection (b) is redesignated as subsection (c) to accommodate the new text.
Significant Changes to Existing Law
- Introduces a mandatory one-year timeline (referred to as a "shot clock") for adding names from presidential reports to the list, which was not previously required.
- Adds a publication obligation in the Federal Register for any updates resulting from this process.
Potential Impacts
- On government agencies: Requires the Department of the Treasury to review reports and perform list updates and publications within the specified period.
- On citizens and businesses: May affect U.S. investors and companies by expanding the list of restricted Chinese entities, potentially limiting transactions or investments.
- On international relations: Could influence U.S.-China economic ties by accelerating sanctions-related designations.
Main Stakeholders Affected
- The President and executive branch agencies involved in reporting.
- The Secretary of the Treasury and Department of the Treasury.
- Foreign persons and companies identified in presidential reports.
- U.S. businesses and investors engaging with Chinese entities.
Notable Legal, Constitutional, or Political Implications
- Enhances executive branch authority in sanctions enforcement with a structured timeline.
- Operates within existing national security and sanctions frameworks without altering core constitutional powers.
- Politically signals a focus on addressing Chinese military-industrial connections through sanctions mechanisms.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Recent Actions
- 2026-05-20: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2026-05-20: Introduced in Senate
Bill Versions
- Chinese Communist Party Sanctions Shot Clock Act — issued 2026-05-20 — PDF (2 pages)