S3640Referred to Committee

Divesting from Communist China’s Military Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-01-14
Introduced
4
Cosponsors
S
ⓘ
Type

Sponsor

Rick Scott
Rick Scott
Republican · FL · Senator
Votes with party: 33.2% (322 recorded votes)

Full profile: /officials/S001217

Source: Congress.gov · FEC

Cosponsors (4)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-01-14

Source: Congress.gov

Committee Activity

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Plain-English Summary

The legislation would require the federal government and certain pension funds to stop investing in Chinese companies that support the country's military or defense sector. This would affect retirement savings for federal employees, military personnel, and potentially state pension funds by restricting where their money can be invested. The goal is to prevent American retirement savings from financially supporting Chinese military development.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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