Bill > S672

This bill establishes the CCP Initiative program within the National Security Division of the Department of Justice, designed to counter national security threats from the Chinese Communist Party (CCP). The initiative has seven primary objectives: countering nation-state threats, preventing CCP espionage on U.S. intellectual property and academic institutions, developing enforcement strategies against technology transfer, implementing investment review modernization, identifying cases involving Chinese companies under the Foreign Corrupt Practices Act, prioritizing prosecution of trade secret theft and economic espionage, and investigating investments by Chinese companies on specific government watchlists. The Attorney General will be required to submit an annual report to congressional committees detailing the initiative's progress, including information about resources, coordination with other agencies, CCP economic espionage efforts, and potential economic losses to the United States. The program will be organizationally independent, with dedicated resources solely for its mission, and is set to operate for six years from its enactment date. The bill includes a severability clause ensuring that if any provision is found unconstitutional, the rest of the act remains in effect.

Justice

https://www.congress.gov/bill/119th-congress/senate-bill/672/all-info