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Protect America’s Innovation and Economic Security from CCP Act of 2024

10/4/2024, 8:07 PM

Summary of Bill HR 1398

Bill 118 HR 1398, also known as the Protect America's Innovation and Economic Security from CCP Act of 2024, aims to address concerns about the influence of the Chinese Communist Party (CCP) on American innovation and economic security. The bill seeks to strengthen protections against intellectual property theft, espionage, and other threats posed by the CCP.

Key provisions of the bill include increased funding for research and development in critical industries, such as technology and defense, to ensure that the United States remains at the forefront of innovation. The bill also calls for enhanced cybersecurity measures to protect against cyberattacks from foreign adversaries, including the CCP.

Additionally, the bill includes measures to strengthen supply chain security and reduce reliance on Chinese manufacturing. This includes incentivizing domestic production of critical goods and materials, as well as increasing transparency and oversight of foreign investments in key industries. Overall, the Protect America's Innovation and Economic Security from CCP Act of 2024 aims to safeguard American innovation and economic interests from threats posed by the CCP. By bolstering research and development, cybersecurity, and supply chain security, the bill seeks to ensure that the United States remains competitive in the global economy while protecting national security interests.

Congressional Summary of HR 1398

Protect America’s Innovation and Economic Security from CCP Act

This bill reestablishes an initiative related to China within the National Security Division of the Department of Justice (DOJ) and outlines the goals and requirements for this initiative.

In 2022, DOJ ended a program named the China Initiative. This bill reestablishes and renames it the CCP Initiative to (1) counter nation-state threats to the United States; (2) curb spying by the Chinese Communist Party (CCP) on U.S. intellectual property and academic institutions; (3) identify and prosecute individuals engaged in trade secret theft, hacking, and economic espionage; and (4) protect U.S. critical infrastructure from foreign threats.

DOJ must annually brief specified congressional committees on the progress and challenges of the initiative.

The initiative terminates six years after enactment of this bill.

Current Status of Bill HR 1398

Bill HR 1398 is currently in the status of Introduced to Senate since September 16, 2024. Bill HR 1398 was introduced during Congress 118 and was introduced to the House on March 7, 2023.  Bill HR 1398's most recent activity was Received in the Senate and Read twice and referred to the Committee on the Judiciary. as of September 16, 2024

Bipartisan Support of Bill HR 1398

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
16
Democrat Cosponsors
0
Republican Cosponsors
16
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1398

Primary Policy Focus

Crime and Law Enforcement

Potential Impact Areas

- Advisory bodies
- Asia
- China
- Computer security and identity theft
- Congressional oversight
- Criminal investigation, prosecution, interrogation
- Department of Justice
- Executive agency funding and structure
- Higher education
- Intellectual property
- Intelligence activities, surveillance, classified information
- Trade secrets and economic espionage
- U.S. and foreign investments

Alternate Title(s) of Bill HR 1398

Protect America’s Innovation and Economic Security from CCP Act of 2024
Protect America’s Innovation and Economic Security from CCP Act of 2024
Protect America’s Innovation and Economic Security from CCP Act of 2024
Protect America’s Innovation and Economic Security from CCP Act of 2024
Protect America’s Innovation and Economic Security from CCP Act
To establish the CCP Initiative program, and for other purposes.

Comments

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