H.R. 8331, Accountability for CARES Act of 2020
Summary
H.R. 8331, the Accountability for CARES Act of 2020, is a bill introduced in the House of Representatives on September 21, 2020 by Mr. Posey. Its stated purpose is to provide a funding limitation on funds appropriated under the CARES Act. Section 2 provides that none of the funds appropriated under the CARES Act may be provided to an entity that is under the foreign ownership, control, or influence of the Government of the People’s Republic of China, the Chinese Communist Party, or an entity domiciled in the People’s Republic of China. A clawback provision directs the Secretary of the Treasury, in consultation with the Secretary of State, to recover all of the amounts appropriated under the CARES Act that were provided to those entities.
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- Bills Bills 116Hr8331Ih Bills 116Hr8331Ih
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Cite this document
“H.R. 8331, Accountability for CARES Act of 2020.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr8331ih-bills-116hr8331ih/
, SHA-256 30c74e69b7004f40de3af283ee3c86e3454c7725cd941b522b31beae4ec62691.Full text
I
116TH CONGRESS
2D SESSION
H. R. 8331
To provide a funding limitation on funds appropriated under the CARES
Act.
IN THE HOUSE OF REPRESENTATIVES
SEPTEMBER 21, 2020
Mr. POSEY (for himself, Mr. WEBER of Texas, Mr. GAETZ, Mr. SPANO, and
Mr. CLOUD) introduced the following bill; which was referred to the Com-
mittee on Foreign Affairs
A BILL
To provide a funding limitation on funds appropriated under
the CARES Act.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Accountability for
5 CARES Act of 2020’’.
6 SEC. 2. FUNDING LIMITATION.
7 (a) IN GENERAL.—None of the funds appropriated
8 under the CARES Act (Public Law 116–136) may be pro-
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9 vided to an entity that is under the foreign ownership, con-
10 trol, or influence of—
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2
1 (1) the Government of the People’s Republic of
2 China;
3 (2) the Chinese Communist Party; or
4 (3) an entity domiciled in the People’s Republic
5 of China.
6 (b) CLAWBACK.—The Secretary of the Treasury, in
7 consultation with the Secretary of State, shall recover all
8 of the amounts appropriated under the CARES Act that
9 were provided to entities described in subsection (a).
Æ
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•HR 8331 IH
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