,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cdfi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #ab1 #bjbj,mr4    
,cotton 7= himself1 ,mr4 ,s*um]1 ,mr4   
,van ,holl51 & ,mr4 ,scott ( ,florida7  
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to impose sanctions ) respect  
to =eign telecommunications companies   
engag$ 9 economic or indu/rial espionage
 aga9/ ,unit$ ,/ates p]sons1 & = o!r    
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,neutraliz+ ,em]g+ ,?reats 
f ,wireless ,o,e,ms ,receiv+ direction f
 ,kleptocracies & ,surveillance /ates   
,act or ! ,,networks ,act4  #b4         
,imposition ( sanctions ) respect to    
economic or indu/rial espionage by =eign
 telecommunications companies  7a7 ,9   
g5]al ,on & aft] ! date t is #cj days   
aft] ! date ( ! enactm5t ( ?is ,act1 !  
,presid5t %all ex]cise all ( ! p[]s     
grant$ to ! ,presid5t "u ! ,int]national
 ,em]g5cy ,economic ,p[]s ,act 7#ej     

,u4,s4,c4 #agja et seq47 to ! ext5t     
necess>y to block & prohibit all        
significant transactions 9 prop]ty &    
int]e/s 9 prop]ty ( a =eign p]son       
describ$ 9 subsection 7b7 if su* prop]ty
 & int]e/s 9 prop]ty are 9 ! ,unit$     
,/ates1 come )9 ! ,unit$ ,/ates1 or are 
or come )9 ! possession or control ( a  
,unit$ ,/ates p]son4  7b7 ,=eign p]sons 
describ$ ,a =eign p]son is describ$ 9   
?is subsection if ! ,presid5t det]m9es t
 ! p]son1 on or aft] ! date ( ! enactm5t
 ( ?is ,act-- 7#a7 produces fif? or     
future g5]ation telecommunications      
te*nology2 &  7#b7 engages 9-- 7,a7     
economic or indu/rial espionage )       
respect to trade secrets or propriet>y  
in=mation own$ by ,unit$ ,/ates p]sons2 
or  7,b7 o!r relat$ illicit activities1 
includ+ violations ( sanctions impos$ by
 ! ,unit$ ,/ates4  7c7 ,exceptions  7#a7
 ,exception = intellig5ce activities    
,sanctions "u ?is section %all n apply  
to any activity subject to ! report+    
requirem5ts "u title ,v ( ! ,national   

,security ,act ( #aidg 7#ej ,u4,s4,c4   
#cjia et seq47 or any au?oriz$          
intellig5ce activities ( ! ,unit$       
,/ates4  7#b7 ,exception relat+ to      
importation ( goods  7,a7 ,9 g5]al ,!   
au?orities & requirem5ts to impose      
sanctions au?oriz$ "u ?is section %all n
 include ! au?ority or requirem5t to    
impose sanctions on ! importation (     
goods4  7,b7 ,good def9$ ,9 ?is         
p>agraph1 ! t]m good means any article1 
natural or manmade sub/ance1 mat]ial1   
supply or manufactur$ product1 includ+  
inspection & te/ equipm5t1 & exclud+    
te*nical data4  7d7 ,waiv] ,! ,presid5t 
may waive ! application ( sanctions "u  
?is section ) respect to a =eign p]son =
 r5ewable p]iods ( n m ?an #ij days ea* 
if ! ,presid5t det]m9es & reports to    
,congress t su* a waiv] is vital to !   
national security int]e/s ( ! ,unit$    
,/ates4  7e7 ,implem5tation2 p5alties   
7#a7 ,implem5tation ,! ,presid5t may    
ex]cise ! au?orities provid$ to !       
,presid5t "u sections #bjc & #bje ( !   

,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to ! 
ext5t necess>y to c>ry out ?is section4 
7#b7 ,p5alties ,a p]son t violates1     
attempts to violate1 conspires to       
violate1 or causes a violation (        
subsection 7a7 or any regulation1       
lic5se1 or ord] issu$ to c>ry out t     
subsection %all be subject to ! p5alties
 set =? 9 subsections 7b7 & 7c7 (       
section #bjf ( ! ,int]national ,em]g5cy 
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agje7 to ! same ext5t z a p]son t      
commits an unlawful act describ$ 9      
subsection 7a7 ( t section4  7f7        
,def9itions  7#a7 ,9 g5]al ,9 ?is       
section3 7,a7 ,economic or indu/rial    
espionage ,! t]m economic or indu/rial  
espionage means-- 7i7 /eal+ a trade     
secret or propriet>y in=mation or       
appropriat+1 tak+1 c>ry+ away1 or       
conceal+1 or by fraud1 artifice1 or     
deception obta9+1 a trade secret or     
propriet>y in=mation )\t ! au?orization 
( ! own] ( ! trade secret or propriet>y 

in=mation2  7ii7 copy+1 duplicat+1      
d[nload+1 upload+1 de/roy+1 transmitt+1 
deliv]+1 s5d+1 communicat+1 or convey+ a
 trade secret or propriet>y in=mation   
)\t ! au?orization ( ! own] ( ! trade   
secret or propriet>y in=mation2 or      
7iii7 kn[+ly receiv+1 buy+1 or possess+ 
a trade secret or propriet>y in=mation t
 has be5 /ol5 or appropriat$1 obta9$1 or
 conv]t$ )\t ! au?orization ( ! own] ( !
 trade secret or propriet>y in=mation4  
7,b7 ,fif? or future g5]ation           
telecommunications te*nology ,! t]m fif?
 or future g5]ation telecommunications  
te*nology means telecommunications      
te*nology t con=ms to ! te*nical /&>ds  
foll[$ by ! telecommunications indu/ry =
 telecommunications te*nology t is      
commonly kn[n 9 ! indu/ry z fif?        
g5]ation or future g5]ation te*nology4  
7,c7 ,=eign p]son ,! t]m =eign p]son    
means any p]son t is n a ,unit$ ,/ates  
p]son4  7,d7 ,kn[+ly ,! t]m kn[+ly1 )   
respect to conduct1 a circum/ance1 or a 
result1 means t a p]son has actual k1 or

 %\ld h kn[n1 ( ! conduct1 !            
circum/ance1 or ! result4  7,e7 ,p]son  
,! t]m p]son means an individual or     
entity4  7,f7 ,propriet>y in=mation ,!  
t]m propriet>y in=mation has ! mean+    
giv5 t t]m 9 section #afcg7;d7 ( ! ,c>l 
,lev9 & ,h[>d ,p4 ,buck ,mc,keon        
,national ,def5se ,au?orization ,act =  
,fiscal ,ye> #bjae 7#ej ,u4,s4,c4       
#agjh7;d774  7,g7 ,?ird & f\r? g5]ation 
telecommunications networks ,! t]m ?ird 
& f\r? g5]ation telecommunications      
networks means telecommunications       
networks t con=m to ! te*nical /&>ds    
foll[$ by ! telecommunications indu/ry =
 telecommunications networks t are      
commonly kn[n 9 ! indu/ry z ?ird or f\r?
 g5]ation networks4  7,h7 ,trade secret 
,! t]m trade secret has ! mean+ giv5 t  
t]m 9 section #ahci ( title #ah1 ,unit$ 
,/ates ,code4  7,i7 ,unit$ ,/ates p]son 
,! t]m ,unit$ ,/ates p]son means-- 7i7 a
 ,unit$ ,/ates citiz5 or an ali5        
lawfully admitt$ = p]man5t resid5ce to !
 ,unit$ ,/ates2 or  7ii7 an entity      

organiz$ "u ! laws ( ! ,unit$ ,/ates or 
any jurisdiction )9 ! ,unit$ ,/ates1    
includ+ a =eign bran* ( su* an entity4  
7#b7 ,det]m9ation ( significance ,= !   
purposes ( ?is section1 9 det]m9+ if    
transactions are significant1 !         
,presid5t may consid] ! totality ( !    
facts & circum/ances1 includ+ factors   
simil> to ! factors set =? 9 section    
#efa4djd ( title #ca1 ,code ( ,f$]al    
,regulations 7or any correspond+ simil> 
regulation or rul+74  7#c7 ,rule (      
con/ruction ,= purposes ( ?is section1 a
 transaction %all n be con/ru$ to       
include-- 7,a7 p>ticipation 9 an        
int]national /&>ds-sett+ body or !      
activities ( su* a body2 or  7,b7 a     
transaction involv+ exi/+ ?ird or f\r?  
g5]ation telecommunications networks4