Bill > HR9789

This bill, titled the "Stop PRC Economic Espionage Act of 2026," amends existing federal law, specifically section 1839 of title 18 of the United States Code, to broaden the definition of a "foreign instrumentality" for the purposes of prohibiting economic espionage. Previously, an entity was considered a foreign instrumentality if it was substantially owned, controlled, sponsored, commanded, managed, or dominated by a foreign government. This bill adds a new condition: an entity will now also be considered a foreign instrumentality if it is "domiciled" (meaning its legal home or principal place of business is located) in a "covered nation," which is defined elsewhere in federal law (specifically section 4872 of title 10) as a country designated as a foreign adversary. This change aims to strengthen protections against economic espionage by including entities based in countries deemed adversarial, even if they are not directly owned or controlled by that country's government.