China’s bus, railcar, and other “rolling stock” vehicle manufacturers could reap U.S. taxpayer-backed contracts unless Congress passes the Safeguarding Transit Operations to Prohibit (STOP) China Act. Introduced by Reps. Rick Crawford (R-Ark.) and Ro Khanna (D-Calif.) on Tuesday, the bipartisan bill would close loopholes in a 2019 law that prohibits federal transit funds from being used to purchase transit buses, railcars, and other rolling stock vehicles from companies owned or supported by China.
The STOP China Act ensures that no federal financial assistance awards granted by the U.S. Department of Transportation may be used to purchase “rolling stock” vehicles or powertrain components from companies under China’s influence. The legislation also requires a list of these restricted entities to be made public.
Read the article.