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NETWORKS Act
2/8/2022, 11:23 PM
Congressional Summary of S 3469
Neutralizing Emerging Threats from Wireless OEMs Receiving direction from Kleptocracies and Surveillance states Act or the NETWORKS Act
This bill requires the President to block and prohibit significant transactions and interests in property of a foreign individual or entity that (1) produces fifth- or future-generation telecommunications technology; and (2) engages in economic or industrial espionage, or other related illicit activities, involving trade secrets or proprietary information owned by a U.S. individual or entity.
Read the Full Bill
Current Status of Bill S 3469
Bill S 3469 is currently in the status of Bill Introduced since March 12, 2020. Bill S 3469 was introduced during Congress 116 and was introduced to the Senate on March 12, 2020. Bill S 3469's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 12, 2020
Bipartisan Support of Bill S 3469
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3469
Primary Policy Focus
International AffairsPotential Impact Areas
- Congressional oversight
- Foreign and international corporations
- Foreign property
- Presidents and presidential powers, Vice Presidents
- Sanctions
- Telephone and wireless communication
- Trade restrictions
- Trade secrets and economic espionage
- War and emergency powers
Alternate Title(s) of Bill S 3469
NETWORKS Act
NETWORKS Act
Neutralizing Emerging Threats from Wireless OEMs Receiving direction from Kleptocracies and Surveillance states Act
A bill to impose sanctions with respect to foreign telecommunications companies engaged in economic or industrial espionage against United States persons, and for other purposes.
Comments
Sponsors and Cosponsors of S 3469
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