I 

116TH CONGRESS 

2D SESSION H. R. 7249 

To require annual reporting on the availability of Federal funds to persons 

and entities of China and activities conducted in collaboration with China, 

and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 18, 2020 

Mr. GREEN of Tennessee introduced the following bill; which was referred to 

the Committee on the Budget, and in addition to the Committee on Oversight and Reform, 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 

A BILL 

To require annual reporting on the availability of Federal 

funds to persons and entities of China and activities 

conducted in collaboration with China, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Our Money in China 

5 Transparency Act’’. 


kjohnson on DSK79L0C42PROD with BILLS
2 

•HR 7249 IH

1 SEC. 2. REPORT ON FUNDING. 

2 (a) GENERAL REPORT ON FEDERAL FUNDING.—The 

3 Director of the Office of Management and Budget shall 

4 include in the budget materials submitted in support of 

5 the budget of the President (submitted to Congress pursu6 ant to section 1105 of title 31, United States Code) for 

7 each fiscal year beginning after the date of the enactment 

8 of this Act a report that specifies with respect to each 

9 account in the Treasury for which Federal funds are re10 quested in such budget the information described in sub11 section (c). 

12 (b) ADDITIONAL REPORT ON FEDERAL FUNDING.— 

13 The head of each Federal department or agency shall in14 clude in the budget materials submitted in support of the 

15 budget of the President (submitted to Congress pursuant 

16 to section 1105 of title 31, United States Code) for each 

17 fiscal year beginning after the date of the enactment of 

18 this Act a report that specifies the information described 

19 in subsection (c) with respect to each account— 

20 (1) from which funds are made available to 

21 carry out the programs, projects, or activities of 

22 such department or agency; and 

23 (2) that is not included in the corresponding re24 port required under subsection (a). 


kjohnson on DSK79L0C42PROD with BILLS
3 

•HR 7249 IH

1 (c) REPORT REQUIREMENTS.—The information de2 scribed in this subsection is the following with respect to 

3 an account: 

4 (1) Each amount made available from such ac5 count during the preceding fiscal year to any Chi6 nese person or entity, disaggregated by each such 

7 person or entity. 

8 (2) Each amount made available from such ac9 count during the preceding fiscal year to any Fed10 eral program, project, or activity conducted in part11 nership with a Chinese person or entity, 

12 disaggregated by each such partner. 

13 (3) Each amount made available from such ac14 count during the preceding fiscal year to any Chi15 nese person or entity that is owned or controlled by 

16 a United States entity, disaggregated by each such 

17 United States entity. 

18 (4) Each amount made available from such ac19 count during the preceding fiscal year to any Fed20 eral employee for the purpose of carrying out any 

21 program, project, or activity in China, disaggregated 

22 by each such program, project, or activity. 

23 (5) Each amount made available from such ac24 count during the preceding fiscal year to any joint, 


kjohnson on DSK79L0C42PROD with BILLS
4 

•HR 7249 IH

1 collaborative, or bilateral effort between the United 

2 States and China, disaggregated by each such effort. 

3 (d) INITIAL REPORT.—The first report submitted 

4 after the date of the enactment of this Act under sub5 section (a) or subsection (b) shall include the information 

6 described in subsection (c) with respect to the 10 pre7 ceding fiscal years. 

8 (e) DEFINITIONS.—In this Act— 

9 (1) CHINESE PERSON OR ENTITY.—The term 

10 ‘‘Chinese person or entity’’ means— 

11 (A) the Government of China; 

12 (B) the Chinese Communist Party; 

13 (C) any satellite or other foreign campus 

14 of a United States institution of higher edu15 cation (as such term is defined in section 101 

16 of the Higher Education Act of 1965 (20 

17 U.S.C. 1001)) that is located in China; 

18 (D) an individual who is a citizen or na19 tional of China and permanently resides in 

20 China; and 

21 (E) any other entity organized under the 

22 laws of China, or any jurisdiction within China, 

23 including— 

24 (i) any United States branch of such 

25 entity; and 


kjohnson on DSK79L0C42PROD with BILLS
5 

•HR 7249 IH

1 (ii) any branch of a United States en2 tity that is located in China. 

3 (2) UNITED STATES ENTITY.—The term 

4 ‘‘United States entity’’ means— 

5 (A) an institution of higher education (as 

6 such term is defined in section 101 of the High7 er Education Act of 1965 (20 U.S.C. 1001)); 

8 and 

9 (B) any other entity organized under the 

10 laws of the United States or any jurisdiction 

11 within the United States. 

Æ 


kjohnson on DSK79L0C42PROD with BILLS