Bill 118 s 1903, also known as the CCP Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address concerns related to the Chinese Communist Party (CCP) and its influence in the United States.
The CCP Act aims to increase transparency and accountability in dealings with the CCP by requiring individuals and organizations to disclose any financial or business relationships they have with the party. This includes requiring lobbyists to disclose any funding they receive from the CCP and mandating that companies disclose any partnerships or investments they have with CCP-affiliated entities.
Additionally, the CCP Act seeks to strengthen national security by prohibiting the transfer of sensitive technology or information to the CCP without proper authorization. This is in response to concerns about intellectual property theft and espionage by the Chinese government.
Overall, the CCP Act is designed to protect American interests and ensure that dealings with the CCP are conducted in a transparent and responsible manner. It is currently being debated in Congress and may undergo revisions before being voted on.