SAFE from PRC Investments Act

• Authority: United States Congress
• Parent authority: Federal government
• Jurisdiction: United States
• Collections: U.S. federal laws
• Most recent activity: Defunct
• Most recent activity date: 2025-01-03

Risk subdomain coverage

Good coverage — Comprehensive governance measures or mitigations with clear procedures relating to the risk subdomain are explicitly described.

• Lack of transparency or interpretability

Minimal coverage — Brief mention but no specific mitigations, recommendations or governance measures relating to the risk subdomain are described.

• Compromise of privacy
• AI system security vulnerabilities
• Disinformation, surveillance, and influence at scale
• Cyberattacks, weapon development or use
• Competitive dynamics
• Governance failure
• Environmental harm
• AI possessing dangerous capabilities

All other risk subdomains had no coverage in this document.

Risk Coverage Summary

The document has minimal coverage of AI risk domains, with limited explicit focus on AI-specific risks. Primary coverage relates to transparency and disclosure requirements (7.4), with implicit connections to governance structures (6.5), competitive dynamics (6.4), and security vulnerabilities (2.2). The document focuses on financial disclosure and national security concerns rather than AI-specific risk mitigation.

Sector coverage

Good coverage — Comprehensive governance measures or mitigations with clear procedures relating to the sector are explicitly described.

• Information
• Finance & Insurance
• National Security

Minimal coverage — Brief mention but no specific mitigations, recommendations or governance measures relating to the sector are described.

• Agriculture, Mining, Construction & Manufacturing
• Professional & Technical Services
• Scientific Research & Development Services
• Health Care & Social Assistance

All other sectors had no coverage in this document.

Sectors Summary

The document governs multiple sectors through disclosure requirements for public companies and ETFs with PRC ties. Primary coverage includes Finance and Insurance (ETFs, investment disclosure), Information (AI, telecommunications, data processing), and Professional and Technical Services (technology companies). Additional coverage extends to Manufacturing, Scientific R&D, National Security, and other sectors producing advanced technologies or having military contracts.

Legislative Status

Hard Law

Legislative Status Summary

This is a proposed federal statute that would amend the Securities Exchange Act of 1934 to create binding legal obligations for public companies and ETFs to disclose ties to the Chinese government. The bill uses mandatory language throughout and would be enforced through existing SEC regulatory mechanisms.

Actors

Proposer

• Entity Types: AI_Governance_Actor
• Summary: The bill was introduced in the House of Representatives by named congressional representatives, as indicated in the document header.

Target

• Entity Types: AI_Developer, AI_Deployer, AI_Infrastructure_Provider
• Summary: The document explicitly defines 'covered issuer' to include companies headquartered in the PRC, subsidiaries of PRC companies, and variable interest entities tied to PRC operations. It also targets exchange-traded funds that invest in PRC companies, particularly those involved in technology production including AI.

Enforcer

• Entity Types: AI_Governance_Actor
• Summary: The bill amends the Securities Exchange Act of 1934, which is enforced by the SEC. The document references the Public Company Accounting Oversight Board's inspection authority and the SEC's maintenance of lists of covered issuers.

Monitor

• Entity Types: AI_Governance_Actor
• Summary: The document references multiple federal agencies that maintain lists and oversight mechanisms relevant to the disclosure requirements, including the SEC, PCAOB, and various departments maintaining sanction and restriction lists.

AI Lifecycle Stages

Lifecycle stages covered by the documents, as defined in the OECD Framework for the Classification of AI Systems

• Collect and Process Data
• Operate and Monitor

AI Lifecycle Summary

The document does not explicitly address AI lifecycle stages. It focuses on disclosure requirements for companies with PRC ties, including those producing AI technology, but does not govern the development, deployment, or monitoring of AI systems themselves. The references to AI are limited to identifying companies that produce AI products or services.

Technical Scope

Terms relating to technical scope that are mentioned or implicitly referenced in the document

No technical scope terms identified.

Technical Scope Summary

The document explicitly mentions artificial intelligence as one of several technologies that companies may produce, but does not define AI or establish AI-specific governance measures. AI is mentioned only in the context of identifying companies that produce AI products or services for disclosure purposes. No other AI technical scope terms (models, systems, frontier AI, GPAI, etc.) are mentioned.