#aafth ,,congress #b;d ,session ,s4 #cieb ,,an ,,act ,to require the imposition of sanctions with respect to foreign persons that have engaged in significant theft of trade secrets of ,united ,states persons1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,protecting ,american ,intellectual ,property ,act of #bjbj4 #b4 ,imposition of sanctions with respect to theft of trade secrets of ,united ,states persons 7a7 ,report required 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this ,act1 and not less frequently than every #ahj days thereafter1 the ,president shall submit to the appropriate congressional committees a report-- 7,a7 identifying1 for the #ahj-;day period preceding submission of the report-- 7i7 any foreign person that has knowingly engaged in1 or benefitted from1 significant theft of trade secrets of ,united ,states persons1 if the theft of such trade secrets is reasonably likely to result in1 or has materially contributed to1 a significant threat to the national security1 foreign policy1 or economic health or financial stability of the ,united ,states2 7ii7 any foreign person that has provided significant financial1 material1 or technological support for1 or goods or services in support of or to benefit significantly from1 such theft2 7iii7 any entity owned or controlled by1 or that has acted or purported to act for or on behalf of1 directly or indirectly1 any foreign person identified under clause 7i7 or 7ii72 and 7iv7 any foreign person that is a chief executive officer or member of the board of directors of any foreign entity identified under clause 7i7 or 7ii72 and 7,b7 describing the nature1 objective1 and outcome of the theft of trade secrets each foreign person described in subparagraph 7,a77i7 engaged in or benefitted from2 and 7,c7 assessing whether any chief executive officer or member of the board of directors described in clause 7iv7 of subparagraph 7,a7 engaged in1 or benefitted from1 activity described in clause 7i7 or 7ii7 of that subparagraph4 7#b7 ,form of report ,each report required by paragraph 7#a7 shall be submitted in unclassified form but may include a classified annex4 7b7 ,authority to impose sanctions 7#a7 ,sanctions applicable to entities ,in the case of a foreign entity identified under subparagraph 7,a7 of subsection 7a77#a7 in the most recent report submitted under that subsection1 the ,president shall impose one of the following3 7,a7 ,blocking of property ,the ,president may1 pursuant to the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq471 block and prohibit all transactions in all property and interests in property of the entity if such property and interests in property are in the ,united ,states1 come within the ,united ,states1 or are or come within the possession or control of a ,united ,states person4 7,b7 ,inclusion on entity list ,the ,president may include the entity on the entity list maintained by the ,bureau of ,industry and ,security of the ,department of ,commerce and set forth in ,supplement ,no4 #d to part #gdd of the ,export ,administration ,regulations1 for activities contrary to the national security or foreign policy interests of the ,united ,states4 7#b7 ,sanctions applicable to individuals ,in the case of an individual identified under subparagraph 7,a7 of subsection 7a77#a7 in the most recent report submitted under that subsection1 the following shall apply3 7,a7 ,blocking of property ,the ,president shall1 pursuant to the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq471 block and prohibit all transactions in all property and interests in property of the individual if such property and interests in property are in the ,united ,states1 come within the ,united ,states1 or are or come within the possession or control of a ,united ,states person4 7,b7 ,visa ban2 exclusion ,the ,secretary of ,state shall deny a visa to the individual and revoke1 in accordance with section #bba7;i7 of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #abja7;i771 any visa or other documentation of the individual1 and the ,secretary of ,homeland ,security shall exclude the individual from the ,united ,states4 7c7 ,implementation2 penalties 7#a7 ,implementation ,the ,president may exercise all authorities provided under sections #bjc and #bje of the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agjb and #agjd7 to carry out this section4 7#b7 ,penalties ,a person that violates1 attempts to violate1 conspires to violate1 or causes a violation of paragraph 7#a77;,a7 or 7#b77;,a7 of subsection 7b7 or any regulation1 license1 or order issued to carry out that paragraph shall be subject to the penalties set forth in subsections 7b7 and 7c7 of section #bjf of the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agje7 to the same extent as a person that commits an unlawful act described in subsection 7a7 of that section4 7d7 ,national interest waiver ,the ,president may waive the imposition of sanctions under subsection 7b7 with respect to a person if the ,president-- 7#a7 determines that such a waiver is in the national interests of the ,united ,states2 and 7#b7 not more than #ae days after issuing the waiver1 submits to the appropriate congressional committees a notification of the waiver and the reasons for the waiver4 7e7 ,termination of sanctions ,sanctions imposed under subsection 7b7 with respect to a foreign person identified in a report submitted under subsection 7a7 shall terminate if the ,president certifies to the appropriate congressional committees1 before the termination takes effect1 that the person is no longer engaged in the activity identified in the report4 7f7 ,exceptions 7#a7 ,intelligence activities ,this section shall not apply with respect to activities subject to the reporting requirements under title ,v of the ,national ,security ,act of #aidg 7#ej ,u4,s4,c4 #cjia et seq47 or any authorized intelligence activities of the ,united ,states4 7#b7 ,law enforcement activities ,sanctions under this section shall not apply with respect to any authorized law enforcement activities of the ,united ,states4 7#c7 ,exception to comply with international agreements ,subsection 7b77#b77;,b7 shall not apply with respect to the admission of an individual to the ,united ,states if such admission is necessary to comply with the obligations of the ,united ,states under the ,agreement regarding the ,headquarters of the ,united ,nations1 signed at ,lake ,success ,june #bf1 #aidg1 and entered into force ,november #ba1 #aidg1 between the ,united ,nations and the ,united ,states1 under the ,convention on ,consular ,relations1 done at ,vienna ,april #bd1 #aifc1 and entered into force ,march #ai1 #aifg1 or under other international agreements4 7g7 ,exception relating to importation of goods 7#a7 ,in general ,the authority or a requirement to impose sanctions under this section shall not include the authority or a requirement to impose sanctions on the importation of goods4 7#b7 ,good defined ,in this paragraph1 the term good means any article1 natural or manmade substance1 material1 supply1 or manufactured product1 including inspection and test equipment1 and excluding technical data4 7h7 ,definitions ,in this section3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,banking1 ,housing1 and ,urban ,affairs and the ,committee on ,foreign ,relations of the ,senate2 and 7,b7 the ,committee on ,financial ,services and the ,committee on ,foreign ,affairs of the ,house of ,representatives4 7#b7 ,export administration regulations ,the term ,export ,administration ,regulations means subchapter ,c of chapter ,,vii of title #ae1 ,code of ,federal ,regulations4 7#c7 ,foreign entity ,the term foreign entity means an entity that is not a ,united ,states person4 7#d7 ,foreign person ,the term foreign person means a person that is not a ,united ,states person4 7#e7 ,trade secret ,the term trade secret has the meaning given that term in section #ahci of title #ah1 ,united ,states ,code4 7#f7 ,person ,the term person means an individual or entity4 7#g7 ,united states person ,the term ,united ,states person means-- 7,a7 a ,united ,states citizen or an alien lawfully admitted for permanent residence to the ,united ,states2 7,b7 an entity organized under the laws of the ,united ,states or of any jurisdiction within the ,united ,states1 including a foreign branch of such an entity2 or 7,c7 any person in the ,united ,states4 ,passed the ,senate ,december #bj1 #bjbj4,secretary