Congressman Matt Gaetz Introduces “No CHINA Act” to Prevent Funneling of COVID-19 Relief Funds to Businesses Owned by Chinese Government
Washington, D.C. — Congressman Matt Gaetz (FL-01) introduced legislation today to prevent any funds appropriated by the U.S. Congress, including coronavirus relief funds, from being distributed to businesses owned by the Chinese government. The “No CHINA (Chinese Handouts In National Assistance) Act” would ensure that American taxpayer dollars used in any COVID-19 funding package do not support the communist regime in China, or businesses owned by the Chinese government.
China’s inaction, distortion of data, and outright lies have exacerbated the global coronavirus epidemic, and helped fuel its rapid global spread. Under the “No CHINA Act,” companies owned by the Chinese government will not receive any American taxpayer dollars from Congressional aid packages.
“Every single American worker displaced by COVID19 should be fully compensated, before one nickel from our treasury goes to Chinese-owned corporations operating here in the United States. Full stop.
“The global coronavirus pandemic has been exacerbated by the Chinese government’s malicious misinformation and propaganda campaign against the United States and its citizens. Allowing American taxpayers’ money to go to companies owned by the Communist Chinese government is antithetical to our ‘America First’ agenda.
“I’m proud to introduce the “No CHINA Act” today, which prevents appropriated money, including coronavirus relief funds, from being disbursed to businesses owned by the Chinese government. Chinese corporations operating in America must not be eligible for the upcoming trillion-dollar bailout, now or ever,” Congressman Gaetz said.
The full text of the bill can be found HERE or below:
To restrict the use of funds made available in appropriations Acts for fiscal year 2020 for the benefit of any United States or foreign person subject to the control of the People’s Republic of China.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘No Chinese Handouts In National Assistance Act’’ or ‘‘No CHINA Act’
SEC. 2. RESTRICTION ON USE OF FUNDS.
(a) IN GENERAL.—None of the funds appropriated or otherwise made available in appropriations Acts for fiscal year 2020 may be obligated or expended for the benefit of any United States or foreign person subject to the control (as such term is defined in section 721(a)(3) of the Defense Production Act of 1950 (50 U.S.C. 4565(a)(3))) of the People’s Republic of China, including any person of the People’s Republic of China: Provided, That Taiwan, any national of Taiwan who is an institutional investor, or any public or private entity of Taiwan, is wholly excluded from this restriction.
(b) WAIVER.—The President, in consultation with the Secretary of State, may waive the restriction under subsection (a) on a case-by-case basis if the President determines it is in the national security interests of the United States to do so.