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South China Sea and East China Sea Sanctions Act of 2023

Source: Congress.gov  ·  2,967 words in original text
This bill allows the President to punish Chinese people and organizations for activities in the South China Sea and East China Sea. These punishments can include freezing their money in the United States, banning them from entering the country, and stopping American companies from doing business with them. ##
- Chinese citizens and Chinese companies - Senior officials of China's government - American citizens and businesses - Banks and financial institutions in the United States - Foreign banks that do business with the United States ##
- The President can impose penalties against Chinese people who oversee large construction projects or military buildup on disputed islands in the South China Sea (Sec. 2(a)(1)) - The President can penalize those who use force or threats to stop other countries from accessing fishing grounds or oil and gas resources in their own maritime areas (Sec. 2(a)(2)) - Penalties can include freezing all property and money in the United States belonging to the sanctioned person (Sec. 2(b)(1)) - The President can ban sanctioned people from entering the United States and revoke their visas (Sec. 2(b)(2)) - The President can stop American companies from selling goods or technology to sanctioned people (Sec. 2(b)(4)) - The President can prevent American citizens from investing in or lending money to sanctioned people (Sec. 2(b)(6)) ##
If this bill becomes law, the President gains authority to take economic action against Chinese individuals and companies involved in disputed sea territories. Starting 120 days after the bill passes, the President may freeze their American assets, ban them from the country, and cut off their access to American trade and investment. Congress also states it opposes maps or government documents showing these disputed areas belong to China (Sec. 3). ##
- "Chinese person" means individuals who are Chinese citizens or organizations created under Chinese law (Sec. 2(e)(3)) - "United States person" means American citizens, permanent residents, American companies, and anyone physically in the United States (Sec. 2(e)(7)) - "Alien" means a person who is not a United States citizen (Sec. 2(e)(2)) ##
The President may begin imposing sanctions 120 days after the bill is signed into law (Sec. 2(a)). Secretary of State must submit a report within 60 days of enactment and annually for the next three years (Sec. 5(a)).
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.