Preventing Adversaries from Developing Critical Capabilities Act

3/8/2024, 8:15 AM

Preventing Adversaries from Developing Critical Capabilities Act

This bill requires the President to (1) identify categories of technologies and products in certain advanced technology sectors that may pose a particularly acute threat to national security if developed or acquired by North Korea, China, Russia, or Iran; and (2) prohibit U.S. persons from engaging in transactions related to identified categories with those countries.

The Department of State should conduct bilateral and multilateral engagement with partners and allies to coordinate protocols and procedures to facilitate the prevention of such transactions.

Additionally, the President is authorized to exercise all emergency economic powers to implement this bill, including imposing sanctions on foreign persons.

Bill 118 hr 6349, also known as the Preventing Adversaries from Developing Critical Capabilities Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to prevent foreign adversaries from acquiring critical technologies and capabilities that could pose a threat to national security.

The bill outlines a number of measures to achieve this goal, including increasing oversight and regulation of foreign investments in US companies that develop critical technologies. It also calls for the establishment of a task force to identify and assess potential threats posed by foreign adversaries in the development of critical capabilities.

Additionally, the bill includes provisions for increased information sharing between government agencies and private sector companies to better identify and address potential threats. It also calls for the development of a national strategy to counter the development of critical capabilities by foreign adversaries. Overall, the Preventing Adversaries from Developing Critical Capabilities Act aims to strengthen national security by preventing foreign adversaries from acquiring technologies and capabilities that could be used against the United States.
Congress
118
Number
HR - 6349
Introduced on
2023-11-09
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

11/9/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Preventing Adversaries from Developing Critical Capabilities Act

This bill requires the President to (1) identify categories of technologies and products in certain advanced technology sectors that may pose a particularly acute threat to national security if developed or acquired by North Korea, China, Russia, or Iran; and (2) prohibit U.S. persons from engaging in transactions related to identified categories with those countries.

The Department of State should conduct bilateral and multilateral engagement with partners and allies to coordinate protocols and procedures to facilitate the prevention of such transactions.

Additionally, the President is authorized to exercise all emergency economic powers to implement this bill, including imposing sanctions on foreign persons.

Bill 118 hr 6349, also known as the Preventing Adversaries from Developing Critical Capabilities Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to prevent foreign adversaries from acquiring critical technologies and capabilities that could pose a threat to national security.

The bill outlines a number of measures to achieve this goal, including increasing oversight and regulation of foreign investments in US companies that develop critical technologies. It also calls for the establishment of a task force to identify and assess potential threats posed by foreign adversaries in the development of critical capabilities.

Additionally, the bill includes provisions for increased information sharing between government agencies and private sector companies to better identify and address potential threats. It also calls for the development of a national strategy to counter the development of critical capabilities by foreign adversaries. Overall, the Preventing Adversaries from Developing Critical Capabilities Act aims to strengthen national security by preventing foreign adversaries from acquiring technologies and capabilities that could be used against the United States.
Alternative Names
Official Title as IntroducedTo prohibit or require notification with respect to certain activities of United States persons involving countries of concern, and for other purposes.
Policy Areas
International Affairs

Comments

Recent Activity

Latest Summary11/29/2024

Preventing Adversaries from Developing Critical Capabilities Act

This bill requires the President to (1) identify categories of technologies and products in certain advanced technology sectors that may pose a particularly ac...

Latest Action11/29/2023
Ordered to be Reported by Voice Vote.