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S. 490, Hong Kong Economic and Trade Office (HKETO) Certification Act (CBO Report for Congress)

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Congress 118th
Date Requested July 13, 2023
Requested By Senate Committee on Foreign Relations
Date Sent July 28, 2023
Description:
S. 490 would require the Secretary of State to determine whether the Hong Kong Economic and Trade Offices (HKETO) still qualify for the special privileges granted under the International Organization Immunities Act, including tax exemptions and immunity from some judicial processes. The bill would also prohibit new contracts between U.S. government entities and HKETO unless certain conditions are met.

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