S-3798 : Still Just a Bill


Hong Kong Autonomy Act

This bill imposes sanctions on foreign individuals and entities that materially contribute to China's failure to preserve Hong Kong's autonomy.

Hong Kong is part of China but has a largely separate legal and economic system with protections for civil rights such as freedom of speech. This arrangement is enshrined in (1) the Joint Declaration, a 1984 treaty pertaining to the United Kingdom's transfer of Hong Kong's sovereignty to China; and (2) the Basic Law, Hong Kong's constitutional document.

The Department of State shall report annually to Congress information about (1) foreign individuals and entities that materially contributed to China's failure to comply with the Joint Declaration or the Basic Law; and (2) foreign financial institutions that knowingly conducted a significant transaction with such identified individuals and entities. An individual, entity, or financial institution may be excluded from this report for various reasons, such as to protect an intelligence source.

The President may impose property-blocking sanctions on an individual or entity named in a report, and visa-blocking sanctions on a named individual. Such sanctions are mandatory if an individual or entity is named in two reports. The President shall impose various sanctions on a financial institution named in a report, such as prohibiting the institution from receiving loans from a U.S. financial institution.

The President may waive or terminate the imposition of sanctions under this bill. Congress may override such a waiver or termination by passing a joint resolution of disapproval.

Action Timeline

Action DateTypeTextSource
2020-06-29FloorHeld at the desk.House floor actions
2020-06-29FloorReceived in the House.House floor actions
2020-06-29FloorMessage on Senate action sent to the House.Senate
2020-06-25FloorPassed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S3285-3289)Senate
2020-06-25FloorMeasure laid before Senate by unanimous consent. (consideration: CR S3285-3289)Senate
2020-06-25DischargeSenate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.Senate
2020-06-04CommitteeCommittee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-320.Senate
2020-05-21IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2020-05-21IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

International Affairs
Related Subjects
  • Banking and financial institutions regulation
  • Congressional oversight
  • Corporate finance and management
  • Foreign and international banking
  • Foreign loans and debt
  • Foreign property
  • Human rights
  • Intelligence activities, surveillance, classified information
  • International monetary system and foreign exchange
  • Legislative rules and procedure
  • News media and reporting
  • Presidents and presidential powers, Vice Presidents
  • Protest and dissent
  • Rule of law and government transparency
  • Sanctions
  • Sovereignty, recognition, national governance and status
  • Trade restrictions
  • U.S. and foreign investments
  • Visas and passports
  • War and emergency powers
Related Geographic Entities
  • Asia
  • China
  • Hong Kong
Related Organizations

Related Bills

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