US Codex
Pub. L.
Notes

Division G — Other Matters

118th Congress · Approved Apr 24, 2024 · 138 Stat. 895 · Lineage

DIVISION G Other Matters

SEC. 1. Report and Imposition of Sanctions to Harmonize with Allied Sanctions.

(a)
Report Required.— Not later than 90 days after the date of the enactment of this division, the President shall submit to the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate a report identifying—
(1)
each foreign person currently subject to—
(A)
sanctions issued by the European Union pursuant to European Union Council Regulation No. 269/2014 of 17 March, 2014, as amended; or
(B)
sanctions issued by the United Kingdom pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019, as amended; and
(2)
each such foreign person that also meets the criteria for imposition of sanctions by the United States pursuant to—
(A)
the Global Magnitsky Human Rights Accountability Act of 2016 (22 U.S.C. 10101 et seq.);
(B)
Executive Order 14024 (50 U.S.C. 1701 note, relating to blocking property with respect to specified harmful foreign activities of the Government of the Russian Federation), as amended;
(C)
Executive Order 14068 (50 U.S.C. 1701 note, relating to prohibiting certain imports, exports, and new investment with respect to continued Russian Federation aggression), as amended; or
(D)
Executive Order 14071 (50 U.S.C. 1701 note, relating to prohibiting new investment in and certain services to the Russian Federation in response to continued Russian Federation aggression), as amended.
(b)
Imposition of Sanctions.— The President may impose the sanctions authorized by the applicable provision of law listed in subsection (a)(2) with respect to each foreign person identified in the report required under subsection (a)(1) who is not already subject to sanctions under United States law pursuant to one or more statutory sanctions authorities as of the date of the submission of such report.

SEC. 2. Inclusion of Information on Emerging Technological Developments in Annual China Military Power Report.

(a)
In General.— As part of each annual report submitted under section 1202 of the National Defense Authorization Act for Fiscal Year 2000 (Public Law 106–65; 10 U.S.C. 113 note)(commonly referred to as the “China Military Power report”), the Secretary of Defense and Secretary of State, in consultation with the heads of such other Federal departments and agencies as the Secretary of Defense and Secretary of State may determine appropriate, shall include a component on emerging technological developments involving the People’s Republic of China.
(b)
Matters.— Each report component referred to in subsection (a) shall include an identification and assessment of at least five fields of critical or emerging technologies in which the People’s Liberation Army is invested, or for which there are Military-Civil Fusion Development Strategy programs of the People’s Republic of China, including the following:
(1)
A brief summary of each such identified field and its relevance to the military power and national security of the People’s Republic of China.
(2)
The implications for the national security of the United States as a result of the leadership or dominance by the People’s Republic of China in each such identified field and associated supply chains.
(3)
The identification of at least 10 entities domiciled in, controlled by, or directed by the People’s Republic of China (including any subsidiaries of such entity), involved in each such identified field, and an assessment of, with respect to each such entity, the following:
(A)
Whether the entity has procured components from any known United States suppliers.
(B)
Whether any United States technology imported by the entity is controlled under United States regulations.
(C)
Whether United States capital is invested in the entity, either through known direct investment or passive investment flows.
(D)
Whether the entity has any connection to the People’s Liberation Army, the Military-Civil Fusion program of the People’s Republic of China, or any other state-sponsored initiatives of the People’s Republic of China to support the development of national champions.
(c)
Appropriate Congressional Committees Defined.— In this section, the term “appropriate congressional committees” means—
(1)
the Committee on Foreign Affairs of the House of Representatives;
(2)
the Committee on Armed Services of the House of Representatives;
(3)
the Committee on Foreign Relations of the Senate; and
(4)
the Committee on Armed Services of the Senate.