,,ii #aafth ,,congress #ast ,session ,s4 #cce ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #e1 #bjai,mr4 ,rubio 7for himself1 ,mr4 ,van ,hollen1 ,ms4 ,collins1 ,mr4 ,warner1 ,mr4 ,moran1 ,ms4 ,warren1 and ,mr4 ,jones7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to require the ,secretary of ,commerce to ensure that ,,zte ,corporation complies with all probationary conditions set forth in the settlement agreement entered into between ,,zte ,corporation and the ,bureau of ,industry and ,security of the ,department of ,commerce4 #a4 ,short title ,this ,act may be cited as the ,,zte ,enforcement ,review and ,oversight ,act4 #b4 ,compliance by ,,zte ,corporation with probationary conditions of settlement agreement with ,bureau of ,industry and ,security of ,department of ,commerce 7a7 ,compliance with settlement conditions ,the ,secretary of ,commerce shall ensure that ,,zte ,corporation complies with all conditions set forth in paragraph #c of the settlement agreement that are required of ,,zte ,corporation during the #aj-year probationary period specified in that paragraph4 7b7 ,report on compliance 7#a7 ,in general ,not later than #ij days after the date of the enactment of this ,act1 and not less frequently than every #ij days thereafter1 the ,secretary of ,commerce shall submit to ,congress a report on the compliance of ,,zte ,corporation with the conditions described in subsection 7a74 7#b7 ,certification of compliance ,each report submitted under paragraph 7#a7 shall include a certification of whether ,,zte ,corporation is in full compliance with-- 7,a7 the conditions described in subsection 7a72 and 7,b7 all sanctions and export control laws of the ,united ,states and all licenses and orders issued by the ,government of the ,united ,states4 7c7 ,transmittal of audits ,the ,secretary of ,commerce shall transmit to the appropriate congressional committees all audits completed by ,,zte ,corporation pursuant to paragraph #c4;c of the settlement agreement that are provided to the ,secretary4 7d7 ,penalties ,if the ,secretary of ,commerce determines that ,,zte ,corporation is not in full compliance with the conditions described in subsection 7a71 the ,secretary shall-- 7#a7 waive the suspension period described in paragraph #c4;h of the settlement agreement for the denial order described in paragraph #c4;g of the settlement agreement2 and 7#b7 require the immediate payment by ,,zte ,corporation to the ,department of ,commerce of the #djj1jjj1jjj held in escrow pursuant to paragraph #c4;a of the settlement agreement4 7e7 ,definitions ,in this section3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,appropriations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 the ,committee on ,commerce1 ,science1 and ,transportation1 the ,committee on ,foreign ,relations1 and the ,select ,committee on ,intelligence of the ,senate2 and 7,b7 the ,committee on ,appropriations1 the ,committee on ,financial ,services1 the ,committee on ,energy and ,commerce1 the ,committee on ,foreign ,affairs1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives4 7#b7 ,settlement agreement ,the term settlement agreement means the ,superseding ,settlement ,agreement dated ,june #g1 #bjah1 between ,zhongxing ,telecommunications ,equipment ,corporation1 ,,zte ,kangxun ,telecommunications ,ltd41 and the ,bureau of ,industry and ,security of the ,department of ,commerce4 7#c7 ,,zte ,corporation ,the term ,,zte ,corporation means the ,zhongxing ,telecommunications ,equipment ,corporation and any subsidiary of that corporation4