,,ii #aaf? ,,congress #a/ ,session ,s4 #aeb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #af1 #bjai,mr4 ,cotton 7= himself & ,mr4 ,van ,holl57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to direct ! ,presid5t to impose p5alties pursuant to d5ial ord]s ) respect to c]ta9 ,*9ese telecommunications companies t are 9 violation ( ! export control or sanctions laws ( ! ,unit$ ,/ates1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,telecommunications ,d5ial ,ord] ,en=cem5t ,act4 #b4 ,/atem5t ( policy ,x %all be ! policy ( ! ,unit$ ,/ates to en=ce d5ial ord]s on cov]$ telecommunications companies 7z def9$ 9 section #c7;d77 f\nd to h violat$ ! export control or sanctions laws ( ! ,unit$ ,/ates4 #c4 ,imposition & en=cem5t ( d5ial ord]s ) respect to cov]$ telecommunications companies 7a7 ,imposition ( d5ial ord]s 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]-- 7,a7 ! ,presid5t %all det]m9e & report to ! appropriate congressional committees if any cov]$ telecommunications company is 9 violation ( an export control or sanctions law ( ! ,unit$ ,/ates2 & 7,b7 if ! ,presid5t makes an affirmative det]m9ation ) respect to a cov]$ telecommunications company "u subp>agraph 7,a71 ! ,presid5t %all impose p5alties pursuant to a d5ial ord] ) respect to ! company or its ag5ts or affiliates z describ$ 9 p>agraph 7#b74 7#b7 ,p5alties describ$ ,! p5alties describ$ 9 ?is p>agraph are ! foll[+3 7,a7 ,! cov]$ telecommunications company & :5 act+ = or on _! behalf1 _! successors1 assigns1 directors1 (fic]s1 employees1 repres5tatives1 or ag5ts 7h]e9aft] ea* a d5i$ p]son71 may n1 directly or indirectly1 p>ticipate 9 any way 9 any transaction involv+ any commodity1 s(tw>e1 or te*nology 7h]e9aft] collectively ref]r$ to z item7 export$ or to be export$ f ! ,unit$ ,/ates t is subject to ! ,export ,adm9i/ration ,regulations 7z codifi$ 9 sub*apt] ,c ( *apt] ,,vii ( title #ae1 ,code ( ,f$]al ,regulations1 or any successor regulations71 or 9 any o!r activity subject to ! ,export ,adm9i/ration ,regulations4 7,b7 ,no p]son may1 directly or indirectly1 d any ( ! foll[+3 7i7 ,export or reexport to or on behalf ( a d5i$ p]son any item subject to ! ,export ,adm9i/ration ,regulations4 7ii7 ,take any action t facilitates ! acquisition or attempt$ acquisition by a d5i$ p]son ( ! own]%ip1 possession1 or control ( any item subject to ! ,export ,adm9i/ration ,regulations t has be5 or w be export$ f ! ,unit$ ,/ates1 includ+ f9anc+ or o!r support activities relat$ to a transaction :]eby a d5i$ p]son acquires or attempts to acquire su* own]%ip1 possession1 or control4 7iii7 ,take any action to acquire f or to facilitate ! acquisition or attempt$ acquisition f a d5i$ p]son ( any item subject to ! ,export ,adm9i/ration ,regulations t has be5 export$ f ! ,unit$ ,/ates4 7iv7 ,obta9 f a d5i$ p]son 9 ! ,unit$ ,/ates any item subject to ! ,export ,adm9i/ration ,regulations ) k or reason to "k t ! item w be1 or is int5d$ to be1 export$ f ! ,unit$ ,/ates4 7v7 ,engage 9 any transaction to s]vice any item subject to ! ,export ,adm9i/ration ,regulations t has be5 or w be export$ f ! ,unit$ ,/ates & :i* is own$1 possess$1 or controll$ by a d5i$ p]son1 or s]vice any item1 ( :atev] orig91 t is own$1 possess$1 or controll$ by a d5i$ p]son if su* s]vice involves ! use ( any item subject to ! ,export ,adm9i/ration ,regulations t has be5 or w be export$ f ! ,unit$ ,/ates4 7#c7 ,report ,! ,presid5t %all submit to ! appropriate congressional committees an annual report on ! implem5tation ( ?is subsection4 7b7 ,prohibition on modification ( p5alties ,not)/&+ any o!r provision ( law1 no (ficial ( an executive ag5cy may modify any p5alty1 includ+ a p5alty impos$ pursuant to a d5ial ord]1 implem5t$ by ! ,gov]nm5t ( ! ,unit$ ,/ates ) respect to a cov]$ telecommunications company or its ag5ts or affiliates pursuant to a det]m9ation t ! company has violat$ an export control or sanctions law ( ! ,unit$ ,/ates until ! date t is #cj days aft] ! ,presid5t c]tifies to ! appropriate congressional committees t ! company-- 7#a7 has n1 = a p]iod ( "o ye>1 conduct$ activities 9 violation ( ! laws ( ! ,unit$ ,/ates2 & 7#b7 is fully coop]at+ ) inve/igations into ! activities ( ! company conduct$ by ! ,gov]nm5t ( ! ,unit$ ,/ates1 if any4 7c7 ,regulations ,! ,presid5t is au?oriz$ to prescribe su* regulations z may be necess>y to c>ry out ?is section4 7d7 ,def9itions ,9 ?is section3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives2 & 7,b7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,=eign ,relations ( ! ,s5ate4 7#b7 ,cov]$ telecommunications company ,! t]m cov]$ telecommunications company means any ( ! foll[+3 7,a7 ,huawei ,te*nologies ,company or ,,zte ,corporation 7or any subsidi>y or affiliate ( su* entities74 7,b7 ,any o!r telecommunications company domicil$ 9 ! ,p's ,republic ( ,*9a 7or any subsidi>y or affiliate ( su* entities71 exclud+ any subsidi>y ( a =eign company domicil$ 9 ! ,p's ,republic ( ,*9a4 7#c7 ,executive ag5cy ,! t]m executive ag5cy means-- 7,a7 an executive dep>tm5t specifi$ 9 section #aja ( title #e1 ,unit$ ,/ates ,code2 7,b7 a milit>y dep>tm5t specifi$ 9 section #ajb ( title #e1 ,unit$ ,/ates ,code2 7,c7 an indep5d5t e/abli%m5t z def9$ 9 section #ajd7a7 ( title #e1 ,unit$ ,/ates ,code2 & 7,d7 a :olly own$ ,gov]nm5t corporation fully subject to *apt] #ia ( title #ca1 ,unit$ ,/ates ,code4