A bill to require the imposition of sanctions with respect to foreign persons that have engaged in significant theft of trade secrets of United States persons, and for other purposes.
Protecting American Intellectual Property Act of 2020
This bill imposes sanctions on certain foreign individuals and entities involved in the theft of trade secrets belonging to a U.S. individual or entity.
The President shall periodically report to Congress a list of foreign individuals and entities that have knowingly engaged in, knowingly benefited from, or assisted in the significant theft of U.S. trade secrets that materially contributed to a significant threat to U.S. national security, foreign policy, or economic health. The report shall also list the foreign persons who are chief executive officers and board members of any foreign entity engaging in such theft.
Individuals named in the report shall be subject to property- and visa-blocking sanctions. The President shall impose either property- or export-blocking sanctions on entities named in the report.
Read twice and referred to the Committee on Foreign Relations.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Measure laid before Senate by unanimous consent. (consideration: CR S7871-7872)
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.(text of amendment in the nature of a substitute: CR S7871-7872)
Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S7871-7872)
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
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