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DATA Act
12/15/2023, 3:54 PM
Summary of Bill HR 1153
Additionally, the DATA Act requires the creation of a single online portal where all federal spending data will be published. This will make it easier for the public, lawmakers, and government officials to track and analyze spending trends across different agencies and programs. The bill also includes provisions to improve data quality and accuracy, ensuring that the information being reported is reliable and consistent.
Overall, the DATA Act is aimed at promoting transparency, accountability, and efficiency in federal spending. By requiring agencies to report their financial information in a standardized format and making this data easily accessible to the public, the bill seeks to empower stakeholders to make informed decisions about how taxpayer dollars are being used.
Congressional Summary of HR 1153
Deterring America’s Technological Adversaries Act or DATA Act
This bill requires federal actions to protect the sensitive personal data of U.S. persons, with a particular focus on prohibiting the transfer of such data to foreign persons influenced by China.
The International Emergency Economic Powers Act (IEEPA) authorizes the President to regulate various commercial transactions and to block foreign-owned property and assets subject to U.S. jurisdiction. An exemption to IEEPA (i.e., the Berman Amendment) blocks the President from regulating information and informational materials. This bill specifies that sensitive personal data is not information or informational materials exempt from regulation under IEEPA.
The bill requires the Department of the Treasury to issue a directive prohibiting U.S. persons from engaging in any transaction with any person who knowingly provides or may transfer sensitive personal data subject to U.S. jurisdiction to any foreign person subject to Chinese influence.
The bill also establishes new sanctions on certain transactions related to connected software applications. For example, the President must impose a sanction on any foreign person that knowingly operates, directs, or deals in a connected software application that is subject to the jurisdiction of China and is reasonably believed to have been or may be used to facilitate or contribute to China's military, intelligence, censorship, surveillance, cyber, or information campaigns.
The President must determine whether reasonable grounds exist for concluding that specified entities (e.g., TikTok) meet the criteria under the bill for purposes of applying a directive by Treasury or for imposing sanctions.
