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US HR1398

US HR1398
Protect America’s Innovation and Economic Security from CCP Act of 2024


summary

Introduced
03/07/2023
In Committee
05/22/2024
Crossed Over
09/16/2024
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

AN ACT To establish the CCP Initiative program, and for other purposes.

AI Summary

This bill, called the "Protect America's Innovation and Economic Security from CCP Act of 2024," establishes the CCP Initiative within the National Security Division of the Department of Justice. The CCP Initiative aims to counter nation-state threats, curb spying by the Chinese Communist Party (CCP) on U.S. intellectual property and academic institutions, develop enforcement strategies against technology transfers contrary to U.S. interests, implement the Foreign Investment Risk Review Modernization Act, identify cases involving Chinese companies under the Foreign Corrupt Practices Act, prioritize prosecuting trade secret theft and economic espionage, and investigate investments made by Chinese companies on the Entity List or the People's Republic of China Military Companies list. The Attorney General is required to submit annual reports to Congress on the progress and challenges of the CCP Initiative, and the Act is set to expire six years after its enactment.

Committee Categories

Justice

Sponsors (9)

Last Action

Received in the Senate and Read twice and referred to the Committee on the Judiciary. (on 09/16/2024)

bill text


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