S.Amdt. 866

SA 866. Mr. MARSHALL submitted an amendment intended to be proposed
by him to the bill S. 2226, to authorize appropriations for fiscal year
2024 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place in title XII, insert the
following:

SEC. 12__. OFFICE OF STRATEGIC CAPITAL CHINESE COMPANY
INVESTMENT PROHIBITION.

Beginning on the date of the enactment of this Act, the
Office of Strategic Capital in the Office of the Under
Secretary of Defense for Research and Engineering may not
invest in or guarantee or otherwise facilitate any investment
in any entity--
(1) incorporated under the laws of the People's Republic of
China; or
(2) of which more than 50 percent is owned, directly or
indirectly, by--
(A) citizens of the People's Republic of China;
(B) entities incorporated under the laws of the People's
Republic of China; or
(C) any combination of the individuals and entities
described in subparagraphs (A) and (B).
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