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Preventing PLA Acquisition of United States Technology Act of 2023
1/11/2024, 9:15 PM
Summary of Bill HR 2993
The bill includes provisions that would require the US government to identify and monitor any attempts by the PLA to acquire US technology, as well as to take steps to prevent such acquisitions from taking place. This could include imposing restrictions on the export of certain technologies to China, as well as increasing oversight of foreign investment in US companies that develop sensitive technologies.
Additionally, the bill calls for increased cooperation between the US government and private sector companies to ensure that sensitive technologies are protected from being acquired by the PLA. This could involve sharing information about potential threats and vulnerabilities, as well as developing best practices for safeguarding technology from foreign adversaries. Overall, the Preventing PLA Acquisition of United States Technology Act of 2023 is aimed at safeguarding US national security interests by preventing the transfer of sensitive technology to the PLA. The bill has garnered bipartisan support in Congress and is currently being considered for passage.
Congressional Summary of HR 2993
Preventing PLA Acquisition of United States Technology Act of 2023
This bill prohibits certain types of scientific research or technical exchange between specified U.S. and Chinese entities.
The bill's prohibition concerns research or exchange that could develop technologies identified by the Chinese Communist Party as priorities for its strategy to mobilize non-military resources and expertise for military application. Examples of such technologies include quantum computing, lasers, robotics, semiconductors, and aerospace technology.
The bill prohibits such research or exchange if it is conducted between (1) federal agencies that engage in research or provide funding for research, institutions of higher education or private research institutes that receive federal financial assistance, or companies headquartered in the United States that receive federal financial assistance; and (2) certain Chinese entities with connections to China's military, such as universities that receive funding from China's military or that host military laboratories.
The bill also requires the Department of Defense to establish and periodically update a website that includes a list of specific areas of research and exchange subject to this prohibition.
