,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #bba  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ad1 #bjac    
,mrs4 ,blackburn 7= h]self & ,mr4       
,huiz5ga ( ,mi*igan7 introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,en]gy & ,comm]ce1 & 9 addition to !    
,committee on ,sci5ce1 ,space1 &        
,te*nology1 = a p]iod to be subsequ5tly 
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to require reports on !       
acquisitions by c]ta9 =eign p]sons (    
companies t h receiv$ ,am]ican taxpay]  
rese>* & developm5t fund+1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,/op ,m]g]s1 ,acquisitions1
 & ,risky ,takeov]s ,suppli$ by ,am]ican
 ,labor & ,entrepr5eur%ip ,act ( #bjac  
or ! ,,sm>t ,,sale ,act ( #bjac4  #b4   
,def9itions ,9 ?is ,act3  7#a7 ,cov]$   
entity ,! t]m cov]$ entity means any    
p]son1 company1 in/itution1 or o!r      
entity engag$ 9 int]/ate comm]ce 9 !    

,unit$ ,/ates t owns1 lic5ses1 or       
o!rwise holds an int]e/ 9 a             
f$]ally-fund$ te*nology1 or to :i*      
,f$]al en]gy rese>* & developm5t fund+  
has be5 obligat$ by a ,f$]al ag5cy4     
7#b7 ,cov]$ transaction  7,a7 ,9 g5]al  
,! t]m cov]$ transaction means any      
propos$ or p5d+ m]g]1 acquisition1      
takeov]1 or o!r transf] t c\ld result 9 
control ( a cov]$ entity by--  7i7 a    
gov]nm5t ( a =eign c\ntry describ$ 9    
subp>agraph 7,b72 or  7ii7 7,i7 a       
natural p]son :o is a citiz5 ( a =eign  
c\ntry describ$ 9 subp>agraph 7,b7 or :o
 owes p]man5t allegiance to su* =eign   
c\ntry2 or  7,,ii7 a corporation or o!r 
legal entity :i* is organiz$ "u ! laws (
 su* =eign c\ntry or any political      
subdivision !re( if natural p]sons      
describ$ 9 subclause 7,i7 own1 directly 
or indirectly1 m ?an #ej p]c5t ( !      
out/&+ capital /ock or o!r b5eficial    
int]e/ 9 su* legal entity4  7,b7 ,=eign 
c\ntry describ$  7i7 ,9 g5]al ,except z 
provid$ 9 clause 7ii71 a =eign c\ntry   

ref]r$ to 9 subp>agraph 7,a7 means any (
 ! foll[+3  7,i7 ,! ,p's ,republic (    
,*9a4  7,,ii7 ,! ,democratic ,p's       
,republic ( ,korea4  7,,iii7 ,a c\ntry t
 is a /ate sponsor ( t]rorism 7z def9$ 9
 clause 7iii774  7,,iv7 ,a c\ntry t     
provides sanctu>y to a =eign t]rori/    
organization 7z def9$ 9 clause 7iv774   
7,v7 ,any o!r c\ntry ) respect to :i* ! 
,presid5t det]m9es ! provisions ( ?is   
p>agraph %\ld apply4  7ii7 ,waiv] ,!    
,presid5t may waive ! applicability (   
?is p>agraph ) respect to a =eign c\ntry
 describ$ 9 clause 7i7 on a case-by-case
 basis if n lat] ?an #fj days be=e do+ s
 ! ,presid5t--  7,i7 det]m9es t x is 9 !
 national int]e/ ( ! ,unit$ ,/ates to d 
s2 &  7,,ii7 submits to ,congress a     
report provid+ a ju/ification = ! waiv]4
  7iii7 ,/ate sponsor ( t]rorism def9$  
,9 clause 7i77,,iii71 ! t]m /ate sponsor
 ( t]rorism means any c\ntry ! gov]nm5t 
( :i* ! ,secret>y ( ,/ate has det]m9$   
has repeat$ly provid$ support =         
int]national t]rorism pursuant to--     

7,i7 section #f7;j7 ( ! ,export         
,adm9i/ration ,act ( #aigi 7#ej         
,u4,s4,c4 ,app4 #bdje7 7z cont9u$ 9     
effect "u ! ,int]national ,em]g5cy      
,economic ,p[]s ,act72  7,,ii7 section  
#fbj;,a ( ! ,=eign ,assi/ance ,act (    
#aifa 7#bb ,u4,s4,c4 #bcga72  7,,iii7   
section #dj ( ! ,arms ,export ,control  
,act 7#bb ,u4,s4,c4 #bghj72 or  7,,iv7  
any o!r provision ( law4  7iv7 ,=eign   
t]rori/ organization def9$ ,9 clause    
7i77,,iv71 ! t]m =eign t]rori/          
organization means any organization s   
designat$ by ! ,secret>y ( ,/ate "u     
section #bai ( ! ,immigration &         
,nationality ,act 7#h ,u4,s4,c4 #aahi74 
7#c7 ,f$]al en]gy rese>* & developm5t   
fund+ ,! t]m ,f$]al en]gy rese>* &      
developm5t fund+ means ,f$]al fund+     
provid$ = ! purpose ( rese>*+ or        
develop+ new en]gy te*nologies1         
products1 processes1 or sy/ems1 or = !  
application ( exi/+ en]gy te*nologies1  
products1 processes1 or sy/ems 9 a novel
 mann]4 ,su* fund+ includes fund+ = a   

loan or loan gu>antee made by a ,f$]al  
ag5cy4  7#d7 ,f$]ally-fund$ te*nology   
7,a7 ,9 g5]al ,except z provid$ 9       
subp>agraph 7,b71 ! t]m f$]ally-fund$   
te*nology means any te*nology1 product1 
process1 or sy/em develop$ z a result ( 
,f$]al en]gy rese>* & developm5t fund+4 
7,b7 ,exception ,su* t]m does n apply to
 any te*nology1 product1 process1 &     
sy/em t 0 n--  7i7 specifi$ 9 ! docum5ts
 & agreem5ts associat$ ) ! provision ( !
 ,f$]al en]gy rese>* & developm5t fund+2
 or  7ii7 a =eseeable result or         
byproduct ( ! ,f$]al en]gy rese>* &     
developm5t fund+ at ! "t ! fund+ 0      
provid$4  #c4 ,requirem5ts  7a7         
,notification  7#a7 ,9 g5]al ,a cov]$   
entity %all notify ! ,secret>y ( ,en]gy 
9 writ+ n lat] ?an #g days ( ent]+ into 
negotiations = any cov]$ transaction4   
7#b7 ,cont5ts ,a notification submitt$  
pursuant to p>agraph 7#a7 %all include--
  7,a7 an id5tification ( ! cov]$       
entity2  7,b7 an id5tification ( !      
pur*as+1 acquir+1 or m]g+ entity2  7,c7 

! am\nts ( all ,f$]al en]gy rese>* &    
developm5t fund+ receiv$ by ! cov]$     
entity1 includ+ a description ( ! =m &  
am\nt ( ea* transaction provid+ su*     
fund+2  7,d7 an explanation ( h[ ! cov]$
 entity or its pur*as] w repay any      
out/&+ loans or loan gu>antees provid$  
by a ,f$]al ag5cy1 includ+ int]e/       
accru$2  7,e7 an appraisal ( ! value (  
any f$]ally-fund$ te*nology own$1       
lic5s$1 or o!rwise held by ! cov]$      
entity1 includ+ e/imates ( sales value &
 lic5s+ fees2 &  7,f7 a description ( ! 
te*nical rights held by ! ,f$]al        
,gov]nm5t 9 all f$]ally-fund$ te*nology 
own$1 lic5s$1 or o!rwise held by ! cov]$
 entity4  7#c7 ,p5alties ,any p]son :o  
kn[+ly & int5tionally fails to make a   
notification requir$ by ?is subsection  
%all be imprison$ = n m ?an #e ye>s &   
f9$ accord+ to title #ah1 ,unit$ ,/ates 
,code4  7b7 ,rec\pm5t ( ,f$]al funds ,a 
,f$]al ag5cy provid+ ,f$]al en]gy rese>*
 & developm5t fund+ %all require1 z a   
condition ( receipt ( su* fund+1 t all  

am\nts provid$ %all be repaid to !      
,f$]al ,gov]nm5t if a cov]$ transaction 
results 9 control ( ! recipi5t by a     
=eign c\ntry describ$ 9 section         
#b7b77;,b74  7c7 ,regulations ,n lat]   
?an #ahj days aft] ! date ( enactm5t (  
?is ,act1 ! ,secret>y ( ,en]gy %all     
promulgate regulations to c>ry out ?is  
section4  #d4 ,reports to ,congress  7a7
 ,report on notification ,n lat] ?an #cj
 days aft] receipt ( a notification     
requir$ by section #c7;a71 ! ,secret>y (
 ,en]gy %all submit to ,congress a      
report on ! notification4 ,su* a report 
%all conta91 at a m9imum1 ! foll[+3     
7#a7 ,all ( ! in=mation provid$ by !    
cov]$ entity "u section #c7;a74  7#b7   
,an assessm5t ( any cyb]security ?reats 
to ! national int]e/s ( ! ,unit$ ,/ates 
) respect to ! cov]$ transaction4  7#c7 
,disclosure ( any additional ,f$]al     
en]gy rese>* & developm5t fund+ paym5ts 
s*$ul$ to be made by a ,f$]al entity to 
! cov]$ entity4  7#d7 ,an assessm5t (   
:at effect ! cov]$ transaction w h on ! 

int]e/s ( ! ,unit$ ,/ates1 includ+ !    
ext5t to :i* ! cov]$ transaction w      
cause1 or w h a reasonable likelihood ( 
caus+1 any negative effects to !        
national & economic security int]e/s ( !
 ,unit$ ,/ates4  7#e7 ,an e/imate ( any 
am\nts ( ,f$]al1 ,/ate1 & =eign gov]nm5t
 fund+ t any p>ty to ! cov]$            
transaction1 o!r ?an ! cov]$ entity1 has
 receiv$4  7b7 ,initial report ,n lat]  
?an #ij days aft] ! date ( enactm5t (   
?is ,act1 ! ,secret>y ( ,en]gy %all     
submit to ,congress a report t--  7#a7  
id5tifies ea* cov]$ entity t is engag$ 9
 a cov]$ transaction z ( ! date (       
enactm5t ( ?is ,act2 &  7#b7 specifies !
 total am\nt ( ,f$]al en]gy rese>* &    
developm5t fund+ ! cov]$ entity has     
receiv$ & is s*$ul$ to receive4