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S. 4581: Chinese Communist Party Sanctions Shot Clock Act

This bill, known as the Chinese Communist Party Sanctions Shot Clock Act, proposes amendments to the National Defense Authorization Act for Fiscal Year 2026 with the aim of streamlining the process for including specific foreign individuals or entities on a designated list of companies associated with the Chinese military-industrial complex.

Key Provisions

  • The bill establishes a requirement for the Secretary of the Treasury to add foreign persons to the Non-SDN Chinese Military-Industrial Complex Companies List within one year of a presidential report indicating which entities should be included.
  • Entities qualify for inclusion if they are identified in the presidential report and have not been previously added to the list.
  • Once new entities are added to the list, the Secretary of the Treasury is required to publish an updated version of the Non-SDN Chinese Military-Industrial Complex Companies List in the Federal Register.

Implications

The bill aims to enhance the efficiency and responsiveness of the U.S. government in addressing national security concerns relating to the Chinese military-industrial complex. By imposing a timeline for the addition of entities to this list, it intends to create more timely sanctions against foreign persons linked to military-related activities that might pose risks to U.S. security interests.

Impact on Existing Measures

This legislation modifies existing procedures for identifying and sanctioning foreign persons connected with the Chinese military and may influence how quickly new sanctions can be implemented in response to emerging threats or changes in the military-industrial landscape.

Administration

The Secretary of the Treasury will play a key role in executing the provisions of this bill, particularly in terms of identifying qualifying entities and updating the official list.

Relevant Companies

  • None found

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

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Actions

2 actions

Date Action
May. 20, 2026 Introduced in Senate
May. 20, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Corporate Lobbying

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