Bill > HR6447

This bill, known as the Combatting China's Pilfering of Intellectual Property Act (CCP IP Act), aims to impose sanctions on individuals and entities from the People's Republic of China who are involved in systematic intellectual property theft from U.S. persons. The bill authorizes the President to block assets and financial transactions of such individuals or entities, and to make them ineligible for U.S. visas, admission, or parole. Specifically, the sanctions would target Chinese nationals, companies organized in China, or entities controlled by Chinese nationals who have engaged in a pattern of significant intellectual property theft. The bill includes provisions for the President to waive sanctions on a case-by-case basis if national security interests are at stake, and requires a report to Congress within 180 days detailing persons meeting the sanctions criteria. Additionally, the bill restricts visa issuance to senior Chinese Communist Party officials, their family members, Chinese government cabinet members, and active-duty members of the People's Liberation Army, unless the President certifies that China has ceased efforts to infringe on U.S. intellectual property rights. The sanctions are designed to be implemented through the International Emergency Economic Powers Act and include potential financial penalties for violations.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/6447/all-info