,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #hcbi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ba1 #bjbj,mr4 ,mc,caul introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to elim9ate or sub/antially r$uce ! global availability ( critical te*nologies to ,unit$ ,/ates arms emb>go$ c\ntries1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,revitaliz+ ,multilat]al ,export ,control ,diplomacy = ,critical ,te*nologies ,act4 #b4 ,f9d+s & s5se ( ,congress 7a7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,unit$ ,/ates arms emb>go$ c\ntries are implem5t+ malign & aggressive indu/rial policies us+ non-m>ket means & engag+ 9 pr$atory inve/m5t to ga9 control ( critical te*nologies 9 ord] to a*ieve m>ket dom9ance & control supply *a9s4 7#b7 ,^! c\ntries integrate _! indu/rial policies into initiatives t break d[n ! b>ri]s & di/9ctions betwe5 ! comm]cial sector & ! milit>y to ensure t critical te*nologies support ! developm5t ( _! milit>y4 7#c7 ,^! c\ntries seek to obta9 critical te*nologies f ! ,unit$ ,/ates & cov]$ ,unit$ ,/ates allies & p>tn]s4 7b7 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 ! fa/-pac$ nature ( te*nological innovation & ! sy/emic div]sion ( te*nological innovation & "k-h[ by ,unit$ ,/ates arms emb>go$ c\ntries = ! b5efit ( develop+ & enhanc+ _! milit>ies1 *all5ges ! effectiv5ess ( exi/+ multilat]al =a e/abli%$ specifically to prev5t su* export control risks1 su* z ! ,wass5a> ,arrangem5t2 & 7#b7 ! ability ( ,unit$ ,/ates arms emb>go$ c\ntries to access critical te*nologies t affect ! national security ( ! ,unit$ ,/ates %\ld spur ! ,unit$ ,/ates to "w ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies to elim9ate or sub/antially r$uce ! global availability ( critical te*nologies to ,unit$ ,/ates arms emb>go$ c\ntries4 #c4 ,/rategy to control ! availability ( critical te*nologies 7a7 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates to-- 7#a7 "w ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies to elim9ate or sub/antially r$uce ! global availability ( critical te*nologies to ,unit$ ,/ates arms emb>go$ c\ntries1 includ+ by-- 7,a7 lead+ regul> & rapid bilat]al & plurilat]al negotiations ) respect to specific critical te*nologies ) diff]5t gr\p+s ( su* allies & p>tn]s2 7,b7 us+ policy in/rum5ts1 includ+ tax1 inve/m5t1 lic5s+1 l5d+1 & trade1 to provide inc5tives to su* allies & p>tn]s2 & 7,c7 us+1 if necess>y1 exi/+ au?orities1 includ+ trade rem$ies1 ! ,unit$ ,/ates ,munitions ,li/1 ! ,entity ,li/1 economic sanctions1 & o!r au?orities available "u ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq472 7#b7 ensure critical te*nologies d n advance ! economic /rategies1 indu/rial policy goals1 or milit>y capabilities ( ,unit$ ,/ates arms emb>go$ c\ntries2 7#c7 c>ry out jo9t rese>* & developm5t projects ) cov]$ ,unit$ ,/ates allies & p>tn]s1 ) adequate safegu>ds = ! protection & promotion ( any result+ intellectual prop]ty1 to-- 7,a7 advance a broad range ( sci5tific & te*nical discipl9es1 includ+ ) respect to critical te*nologies t may be affect$ by ! implem5tation ( ! /rategy requir$ by subsection 7b72 & 7,b7 develop alt]native m>kets to comp5sate = lo/ sales opportunities2 & 7#d7 enhance ! %>+ ( in=mation ) cov]$ ,unit$ ,/ates allies & p>tn]s t h ent]$ into a multilat]al export control agreem5t ) ! ,unit$ ,/ates describ$ 9 section #d7;d74 7b7 ,/rategy 7#a7 ,9 g5]al ,! ,presid5t1 9 consultation ) ! ,secret>y ( ,comm]ce1 ! ,secret>y ( ,def5se1 ! ,secret>y ( ,/ate1 ! ,director ( ,national ,intellig5ce1 ! ,secret>y ( ! ,treasury1 & ! ,secret>y ( ,en]gy1 %all develop a /rategy to "w ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies to elim9ate or sub/antially r$uce ! global availability ( critical te*nologies to ,unit$ ,/ates arms emb>go$ c\ntries4 7#b7 ,indu/ry consultation 7,a7 ,9 g5]al ,! ,presid5t %all-- 7i7 in=m & solicit input 9 writ+ f repres5tatives ( relevant ,unit$ ,/ates indu/ries 9 develop+ ! /rategy requir$ by p>agraph 7#a72 & 7ii7 submit to ! appropriate congressional committees input receiv$ pursuant to clause 7i74 7,b7 ,disclosure ( confid5tial in=mation prohibit$ ,no su* committee1 or memb] !re(1 may disclose any in=mation made available "u subp>agraph 7,a77ii7 t is submitt$ on a confid5tial basis unless ! committee det]m9es t ! )hold+ ( t in=mation is contr>y to ! national int]e/ ( ! ,unit$ ,/ates4 7#c7 ,matt]s to be includ$ ,! /rategy requir$ by ?is subsection %all include ! foll[+3 7,a7 ,an id5tification ( critical te*nologies t are priorities =-- 7i7 ! national security & ! def5se indu/rial base ( ! ,unit$ ,/ates2 & 7ii7 ! economic /rategies1 indu/rial policies1 & milit>y developm5t ( ,unit$ ,/ates arms emb>go$ c\ntries4 7,b7 ,an id5tification ( ,unit$ ,/ates export control policies = critical te*nologies id5tifi$ "u subp>agraph 7,a74 7,c7 ,an id5tification ( cov]$ ,unit$ ,/ates allies & p>tn]s & _! %>e ( ! global m>ket ) respect to critical te*nologies id5tifi$ "u subp>agraph 7,a74 7,d7 ,a description ( ongo+ & future ef=ts to "w ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies 9 accordance ) ! ,unit$ ,/ates policy describ$ 9 subsection 7a74 7,e7 ,an assessm5t ( ! effectiv5ess & me?ods ( pa/ ef=ts by ,unit$ ,/ates arms emb>go$ c\ntries to circumv5t export control policies relat+ to critical te*nologies id5tifi$ "u subp>agraph 7,a74 7,f7 ,! e/abli%m5t ( a work+ gr\p1 to include appropriate repres5tatives f ! ,dep>tm5t ( ,comm]ce1 ! ,dep>tm5t ( ,def5se1 ! ,dep>tm5t ( ,/ate1 ! ,(fice ( ! ,director ( ,national ,intellig5ce1 ! ,dep>tm5t ( ! ,treasury1 ! ,dep>tm5t ( ,en]gy1 & o!r relevant ,f$]al ag5cies1 to implem5t ! /rategy4 7c7 ,report 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = #d ye>s1 ! ,presid5t %all submit to ! appropriate congressional committees a report 9 writ+ t conta9s-- 7,a7 ! /rategy requir$ by subsection 7b72 & 7,b7 a summ>y ( input solicit$ & receiv$ f repres5tatives ( relevant ,unit$ ,/ates indu/ries 9 develop+ ! /rategy requir$ by subsection 7b74 7#b7 ,=m ,! report requir$ by ?is subsection %all-- 7,a7 be submitt$ 9 unclassifi$ =m b may conta9 a classifi$ annex2 & 7,b7 be made available on a publicly accessible gov]nm5t website4 #d4 ,actions to secure ! global semiconductor supply *a9 7a7 ,f9d+ ,congress f9ds t1 accord+ to ! ,second ,qu>t] ,recomm5dations ( ! congressionally-e/abli%$ ,national ,security ,commission on ,artificial ,intellig5ce1 high-end semiconductor *ips ) feature sizes #de nanomet]s & bel[ are ! mo/ useful = advanc$ artificial intellig5ce capabilities4 7b7 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates-- 7#a7 to "w ) cov]$ ,unit$ ,/ates allies & p>tn]s to secure ! semiconductor supply *a9 9 a mann] t elim9ates or sub/antially r$uces its pres5ce 9 or reliance on ,unit$ ,/ates arms emb>go$ c\ntries2 7#b7 to ensure ,unit$ ,/ates semiconductor manufactur+ equipm5t1 design tools1 & te*nical data are n made available to ,unit$ ,/ates arms emb>go$ c\ntries 9 a*iev+ _! indu/rial policy goals t ?reat5 ,unit$ ,/ates national security int]e/s2 & 7#c7 to proce$ exp$iti\sly 9 diplomatic ef=ts ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies to elim9ate or sub/antially r$uce ! global availability ( critical te*nologies to ,unit$ ,/ates arms emb>go$ c\ntries4 7c7 ,id5tification provisions 7#a7 ,id5tification ( semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & on a p]iodic basis !reaft]1 ! ,secret>y ( ,comm]ce %all id5tify semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data t-- 7,a7 are n manufactur$ or produc$ 9 ,unit$ ,/ates arms emb>go$ c\ntries2 & 7,b7 are us$ to fabricate high-end semiconductor *ips ) feature sizes ( #de nanomet]s & bel[ t ! ,secret>y det]m9es ?reat5 ! national security & =eign policy int]e/s ( ! ,unit$ ,/ates4 7#b7 ,id5tification ( entities t fabricate semiconductor *ips ) feature sizes ( #de nanomet]s & bel[ ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & on a p]iodic basis !reaft]1 ! ,secret>y ( ,comm]ce %all id5tify entities 9 ,unit$ ,/ates arms emb>go$ c\ntries t-- 7,a7 own or control semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data t are id5tifi$ pursuant to p>agraph 7#a72 & 7,b7 are requir$ "u ! laws ( ,unit$ ,/ates arms emb>go$ c\ntries to coop]ate ) ! milit>ies ( su* c\ntries relat+ to ! use ( su* semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data to fabricate high-end semiconductor *ips describ$ 9 p>agraph 7#a77;,b74 7#c7 ,indu/ry consultation 7,a7 ,9 g5]al ,! ,presid5t %all-- 7i7 in=m & solicit input 9 writ+ f repres5tatives ( relevant ,unit$ ,/ates indu/ries 9-- 7,i7 id5tify+ semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data pursuant to p>agraph 7#a72 & 7,,ii7 id5tify+ entities pursuant to p>agraph 7#b72 & 7ii7 submit to ! appropriate congressional committees input receiv$ pursuant to clause 7i74 7,b7 ,disclosure ( confid5tial in=mation prohibit$ ,no su* committee1 or memb] !re(1 may disclose any in=mation made available "u subp>agraph 7,a77ii7 t is submitt$ on a confid5tial basis unless ! committee det]m9es t ! )hold+ ( t in=mation is contr>y to ! national int]e/ ( ! ,unit$ ,/ates4 7d7 ,multilat]al agreem5t 7#a7 ,9 g5]al ,! work+ gr\p e/abli%$ pursuant to section #c7;b77#c77;,f7 %all1 z soon z practicable aft] ! date ( ! enactm5t ( ?is ,act1 seek to e/abli% a multilat]al agreem5t ) cov]$ ,unit$ ,/ates allies & p>tn]s to develop unifi$ export control policies to elim9ate or sub/antially r$uce ! global availability ( semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data id5tifi$ pursuant to subsection 7c77#a7 to ,unit$ ,/ates arms emb>go$ c\ntries1 includ+ entities 9 ,unit$ ,/ates arms emb>go$ c\ntries id5tifi$ pursuant to subsection 7c77#b74 7#b7 ,actions aft] agreem5t implem5t$ 7,a7 ,9 g5]al ,n lat] ?an #cj days aft] ! date on :i* a multilat]al agreem5t describ$ 9 p>agraph 7#a7 is implem5t$1 ! ,secret>y ( ,comm]ce-- 7i7 %all ex]cise ! au?orities "u ! ,export ,control ,re=m ,act ( #bjah 7#ej ,u4,s4,c4 #dhja et seq47-- 7,i7 to include semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data ) respect to :i* ! agreem5t applies on ! ,comm]ce ,control ,li/2 & 7,,ii7 to presumptively disapprove any application = a lic5se to export1 reexport1 or provide = an 9-c\ntry transf] ( su* semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data to a ,unit$ ,/ates arms emb>go$ c\ntry2 & 7ii7 %all include entities id5tifi$ pursuant to ! agreem5t on ! ,entity ,li/4 7,b7 ,annual meet+s 7i7 ,9 g5]al ,! work+ gr\p %all seek to meet on an annual basis ) cov]$ ,unit$ ,/ates allies & p>tn]s t are p>ties to ! agreem5t to-- 7,i7 ex*ange in=mation to-- 7aa7 facilitate developm5t ( unifi$ export control policies ) respect to tr5ds 9 te*nology t c\ld pose risks to ! national security ( ! ,unit$ ,/ates & su* o!r p>ties to ! agreem5t2 & 7bb7 provide = ! %>+ ( in=mation ) respect to specific te*nologies & entities acquir+ su* te*nologies z appropriate to address su* risks to ! national security ( ! ,unit$ ,/ates & su* o!r p>ties to ! agreem5t2 7,,ii7 v]ify t all p>ties to ! agreem5t are adh]+ to a common /&>d ( controls & lic5s+ & are o!rwise 9 compliance ) ! t]ms ( _! commitm5ts "u ! agreem5t2 7,,iii7 review ! te*nology controls & lic5s+ policies = semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data ) respect to :i* ! agreem5t applies & z necess>y update su* controls & lic5s+ policies4 7ii7 ,indu/ry consultation ,! ,presid5t %all in=m & solicit input 9 writ+ f repres5tatives ( relevant ,unit$ ,/ates indu/ries 9 advance ( ! meet+s describ$ 9 clause 7i74 7#c7 ,c]tification if agreem5t n implem5t$ 7,a7 ,9 g5]al ,if a multilat]al agreem5t describ$ 9 p>agraph 7#a7 is n implem5t$ )9 #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all c]tify to ! appropriate congressional committees t x is n 9 ! national security int]e/ ( ! ,unit$ ,/ates to-- 7i7 include semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data id5tifi$ pursuant to subsection 7c77#a7 on ! ,comm]ce ,control ,li/2 & 7ii7 include entities id5tifi$ pursuant to subsection 7c77#b7 on ! ,entity ,li/4 7,b7 ,actions if c]tification n made ,if ! ,presid5t is unable to make ! c]tification describ$ 9 subp>agraph 7,a71 ! ,presid5t %all direct ! ,secret>y ( ,comm]ce-- 7i7 to include semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data id5tifi$ pursuant to subsection 7c77#a7 on ! ,comm]ce ,control ,li/2 & 7ii7 to include entities id5tifi$ pursuant to subsection 7c77#b7 on ! ,entity ,li/4 #e4 ,critical ,te*nology ,export ,control ,fund 7a7 ,e/abli%m5t ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a tru/ fund1 to be kn[n z ! ,critical ,te*nology ,export ,control ,fund 79 ?is section ref]r$ to z ! ,fund71 consi/+ (-- 7#a7 am\nts deposit$ into ! ,fund "u subsection 7b77#a72 & 7#b7 am\nts t may be cr$it$ to ! ,fund "u subsection 7b77#b74 7b7 ,am\nts 7#a7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ #b1jjj1jjj1jjj to be deposit$ 9 ! ,fund = fiscal ye> #bjba4 7#b7 ,inve/m5t ( am\nts 7,a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all inve/ su* portion ( ! ,fund z is n requir$ to meet curr5t )drawals 9 int]e/-be>+ obligations ( ! ,unit$ ,/ates or 9 obligations gu>ante$ z to bo? pr9cipal & int]e/ by ! ,unit$ ,/ates4 7,b7 ,int]e/ & proce$s ,! int]e/ on1 & ! proce$s f ! sale or r$emption (1 any obligations held 9 ! ,fund %all be cr$it$ to & =m a "p ( ! ,fund4 7#c7 ,availability ( am\nts 7,a7 ,9 g5]al ,am\nts 9 ! ,fund %all rema9 available ?r\gh ! end ( ! #aj? fiscal ye> beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 7,b7 ,rema9d] ,any am\nts rema9+ 9 ! ,fund aft] ! end ( ! fiscal ye> describ$ 9 subp>agraph 7,a7 %all be deposit$ 9 ! g5]al fund ( ! ,treasury4 7c7 ,use ( am\nts 7#a7 ,9 g5]al ,! ,secret>y ( ,/ate1 9 consultation ) ! work+ gr\p e/abli%$ pursuant to section #c7;b77#c77;,f71 %all use am\nts 9 ! ,fund to c>ry out projects describ$ 9 p>agraph 7#b7 ) "o or m cov]$ ,unit$ ,/ates allies & p>tn]s t ent] into an agreem5t ) ! ,secret>y to develop a unifi$ export control policy to elim9ate or sub/antially r$uce ! global availability ( a critical te*nology id5tifi$ "u section #c7;b77#c77;,a7 to ,unit$ ,/ates arms emb>go$ c\ntries4 7#b7 ,projects describ$ ,! projects describ$ 9 ?is p>agraph are jo9t rese>* & developm5t projects c>ri$ out by ! ,unit$ ,/ates & ! cov]$ ,unit$ ,/ates allies & p>tn]s to develop basic & appli$ rese>*1 develop regulatory & en=cem5t capacity build+1 exp& production capacity1 & c>ry out o!r relat$ activities ) respect to ! critical te*nology4 7#c7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ to au?orize ! use ( am\nts 9 ! ,fund to c>ry out projects describ$ 9 p>agraph 7#b7 t may b5efit directly or indirectly entities 9 ,unit$ ,/ates arms emb>go$ c\ntries 7d7 ,report by ,secret>y ( ,/ate ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = ea* fiscal ye> dur+ :i* am\nts 9 ! ,fund are available "u subsection 7b77#c71 ! ,secret>y ( ,/ate %all submit to ! appropriate congressional committees a report on ! implem5tation ( ?is section4 7e7 ,report by ,comptroll] ,g5]al ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! appropriate congressional committees a report evaluat+ ! effectiv5ess ( ! ,fund1 includ+-- 7#a7 ! effectiv5ess ( projects support$ by ! ,fund2 & 7#b7 an assessm5t ( ! m]its ( cont9uation ( ! ,fund4 #f4 ,s5se ( ,congress ,x is ! s5se ( ,congress t ! work+ gr\p e/abli%$ pursuant to section #c7;b77#c77;,f7 %\ld1 z soon z practicable aft] ! date ( ! enactm5t ( ?is ,act1 seek to e/abli% a multilat]al agreem5t ) cov]$ ,unit$ ,/ates allies & p>tn]s to elim9ate or sub/antially r$uce ! global availability ( o!r critical te*nologies id5tifi$ "u section #c7;b77#c77;,a7 to ,unit$ ,/ates arms emb>go$ c\ntries4 #g4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,affairs & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives2 & 7,b7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate4 7#b7 ,comm]ce ,control ,li/ ,! t]m ,comm]ce ,control ,li/ means ! li/ set =? 9 ,supplem5t ,no4 #a to "p #ggd ( ! ,export ,adm9i/ration ,regulations4 7#c7 ,cov]$ ,unit$ ,/ates ally or p>tn] ,! t]m cov]$ ,unit$ ,/ates ally or p>tn] means a =eign c\ntry t-- 7,a7 is an ally or p>tn] ( ! ,unit$ ,/ates2 & 7,b7 7i7 produces1 designs1 te/s1 manufactures1 fabricates1 or develops critical te*nologies2 or 7ii7 = purposes ( section #d1 produces or manufactures semiconductor manufactur+ equipm5t1 design tools1 & relat$ te*nical data t-- 7,i7 are n manufactur$ or produc$ 9 ,unit$ ,/ates arms emb>go$ c\ntries2 & 7,,ii7 are us$ to fabricate high-end semiconductor *ips ) feature sizes ( #de nanomet]s & bel[ t ! ,secret>y ( ,comm]ce det]m9es ?reat5 ! national security & =eign policy int]e/s ( ! ,unit$ ,/ates2 & 7#d7 ,critical te*nologies ,! t]m critical te*nologies has ! mean+ giv5 ! t]m 9 section #gba7;a77#f7 ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe7;a77#f772 & 7#e7 ,entity ,li/ ,! t]m ,entity ,li/ means ! li/ ma9ta9$ by ! ,bureau ( ,indu/ry & ,security & set =? 9 ,supplem5t ,no4 #d to "p #gdd ( ! ,export ,adm9i/ration ,regulations4 7#f7 ,export ,adm9i/ration ,regulations ,! t]m ,export ,adm9i/ration ,regulations means sub*apt] ,c ( *apt] ,,vii ( title #ae1 ,code ( ,f$]al ,regulations4 7#g7 ,unit$ ,/ates arms emb>go$ c\ntry ,! t]m ,unit$ ,/ates arms emb>go$ c\ntry means a c\ntry-- 7,a7 id5tifi$ 9 column ,d3#e ( ,c\ntry ,gr\p ,d 9 ,supplem5t ,no4 #a to "p #gdj ( ! ,export ,adm9i/ration ,regulations2 or 7,b7 det]m9$ to be a proscrib$ c\ntry pursuant to section #abf4a ( title #bb1 ,code ( ,f$]al ,regulations4