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SAFE Act

In committee: it can still change before the session ends.

US S 1357 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
5
Latest action
Apr 8, 2025

What it does

The SAFE Act would amend the Securities Exchange Act of 1934 to require issuers seeking to list securities on U.S. exchanges to disclose any financial support received from the Government of the People’s Republic of China, including details about subsidies, loans, tax benefits, or other assistance, as well as any conditions attached to that support such as export requirements, procurement mandates, intellectual property use, or employment of Chinese Communist Party members. It would also require disclosure of any Chinese Communist Party committees within the issuer and the identities, roles, and prior government or party positions held by officers or directors. The Securities and Exchange…

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Apr 8, 2025

  2. Committee (Current step)

    In committee · Apr 8, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

SAFE Act | 52