SANDBOX Act

Senate Bill

S. 2750

119th Congress

SANDBOX Act

In Committee

Introduced:Sep 10, 2025

Primary Sponsor

Deb Fischer

Senator

Republican

NE

Cosponsors

0

Quick Stats

Policy Area

Taxation

Summary

The SANDBOX Act would deny tax-exempt status to organizations that hold any interest in certain Chinese companies or fail to report those holdings. It aims to discourage investment in companies affiliated with the Chinese Communist Party.

Latest Action

Read twice and referred to the Committee on Finance.

SponsorDeb Fischer (R-NE)

Introduced9/10/2025

StatusRead twice and referred to the Committee on Commerce, Science, and Transportation.

ChamberSenate

Data from Congress.gov

See this page through your district lens

Enter ZIP to personalize representatives and vote context.

Stay on top of this issue

Subscribe for weekly bill and representative updates.

Vote Prediction

SANDBOX Act

The SANDBOX Act would deny tax-exempt status to organizations that hold any interest in certain Chinese companies or fail to report those holdings. It aims to discourage investment in companies affiliated with the Chinese Communist Party.

Community Breakdown

Pass

0%

Fail

0%

0 predictions

The SANDBOX Act would deny tax-exempt status to organizations that hold any interest in certain Chinese companies or fail to report those holdings. It aims to discourage investment in companies affiliated with the Chinese Communist Party.

Bill Number: 2750
Sponsor: Deb Fischer (R-NE)
Introduced: 9/10/2025
Status: Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: SANDBOX Act
Bill Number: 2750
Sponsor: Deb Fischer (R-NE)
Status: Read twice and referred to the Committee on Commerce, Science, and Transportation.
Introduced: 9/10/2025
Summary: The SANDBOX Act would deny tax-exempt status to organizations that hold any interest in certain Chinese companies or fail to report those holdings. It aims to discourage investment in companies affiliated with the Chinese Communist Party.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The SANDBOX Act would deny tax-exempt status to organizations that hold any interest in certain Chinese companies or fail to report those holdings. It aims to discourage investment in companies affiliated with the Chinese Communist Party.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Dump Investments in Troublesome Communist Holdings Act or the DITCH Act This bill denies an organization a tax exemption if it holds any interest in a disqualified Chinese company or fails to timely transmit required annual reports. A disqualified Chinese company is any corporation incorporated in China, or that invests more than 10% of its stock in certain Chinese entities, including entities controlled by the Chinese Communist Party. The Department of the Treasury may grant organizations a waiver of the denial of the tax exemption under specified circumstances. Organizations that hold any interest in a disqualified Chinese company must file annual reports describing each interest held in the company, the period during which such interest was held, and whether the organization has been granted a waiver.

Key Points

Main provisions of the bill

The bill defines 'disqualified Chinese companies' as those incorporated in China or that invest over 10% of their stock in certain Chinese entities controlled by the Chinese Communist Party.
Organizations that hold any interest in a 'disqualified Chinese company' must file annual reports disclosing those holdings.
The Department of the Treasury can grant waivers to allow tax-exempt status despite holding interests in disqualified Chinese companies.

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily impact tax-exempt organizations like nonprofits, charities, and universities that have investments or interests in Chinese companies. If enacted, these organizations would face losing their tax-exempt status unless they divest from or report their holdings in certain Chinese firms.