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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.

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
2
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3469

Primary Policy Focus

International Affairs

Potential 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.

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