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H.R. 5932, Ensuring Chinese Debt Transparency Act of 2020 (CBO Report for Congress)

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Congress 116th
Date Requested March 2, 2020
Requested By the U.S. House of Representatives
Date Sent March 24, 2020
Description:
H.R. 5932 would require that U.S. representatives at international financial institutions seek greater transparency about the terms and conditions of any financing provided by the People’s Republic of China to other members of those institutions. Because the act would not impose a significant additional administrative burden, CBO estimates that implementing the legislation would cost less than $500,000 over the 2020-2025 period; any spending would be subject to the availability of appropriated funds.

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