,i #aag? ,,congress #a/ ,session ,h4 ,r4 #cjeg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #g1 #bjba,mrs4 ,mc,clain 7= h]self1 ,mr4 ,banks1 ,mr4 ,wilson ( ,s\? ,c>ol9a1 ,ms4 ,h]rell1 ,mr4 ,norman1 ,mr4 ,van ,drew1 ,mr4 ,good5 ( ,texas1 ,mr4 ,/eube1 & ,mrs4 ,cammack7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committees on ,=eign ,affairs1 & ,en]gy & ,comm]ce1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to require ,byte,dance to dive/ itself ( c]ta9 assets1 & to require ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates to review c]ta9 bus9ess relation%ips betwe5 ,byte,dance & ,unit$ ,/ates bus9esses1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,anti-,,ccp ,espionage via ,social ,m$ia ,act ( #bjba or ! ,,aces ,act ( #bjba4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,tik,tok engages 9 political c5sor%ip1 includ+ relat$ to aw>5ess ( ,uighur ,muslim int]nm5t camps 9 ,*9a4 7#b7 ,! ,u4,s4 gov]nm5t f9$ ,tik,tok #e4g million = illegally collect+ *ildr5's data4 7#c7 ,tik,tok's ,*9ese p>5t company ,byte,dance has agre$ to pay #ib million 9 a settlem5t to ,u4,s4 us]s :o are "p ( a class-action lawsuit alleg+ t ! video-%>+ app fail$ to get _! cons5t to collect data 9 violation ( a /rict ,ill9ois biometric privacy law4 7#d7 ,*9ese companies1 su* z ,tik,tok1 h no mean+ful ability to tell ! ,*9ese ,communi/ ,p>ty no if (ficials reque/ us] data4 7#e7 ,! pres5ce ( ,*9ese surveillance 9 applications su* z ,tik,tok raises ,u4,s4 national security conc]ns4 #c4 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates to secure ! in=mation & communications te*nology & s]vices supply *a9 & to c\nt] ! ?reat pos$ by mobile applications & s(tw>e s]vices develop$ & own$ by =eign adv]s>ies1 specifically ! ,p's ,republic ( ,*9a & ! ,*9ese ,communi/ ,p>ty1 :i* cont9ue to ?reat5 ! national security1 =eign policy1 & economy ( ! ,unit$ ,/ates4 #d4 ,codification ( ! ,executive ,ord] address+ ! ?reat pos$ by tiktok 7a7 ,executive ,ord] #acidb ( ,augu/ #f1 #bjbj z 9 effect z ( ,janu>y #ai1 #bjba1 %all rema9 9 effect & cont9ue to apply4 7b7 ,not)/&+ section #bjc7;b7 ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act1 ! ,presid5t %all h ! au?ority to implem5t ,executive ,ord] #acidb4 #e4 ,dive/m5t ( assets by ,byte,dance 7a7 ,9 g5]al ,byte,dance %all dive/ itself (-- 7#a7 any tangible or intangible assets or prop]ty1 :]ev] locat$1 us$ to enable or support ,byte,dance's op]ation ( ! ,tik,tok application 9 ! ,unit$ ,/ates1 z det]m9$ by ,,cfius2 & 7#b7 any data obta9$ or d]iv$ f ,tik,tok application or ,musical4ly application us]s 9 ! ,unit$ ,/ates4 7b7 ,deadl9e 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ,byte,dance %all complete ! dive/m5t ( assets requir$ "u subsection 7a7 be=e ! end ( ! #ij-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act4 7#b7 ,ext5sions ,,cfius may provide "o or m #cj-;day ext5sions ) respect to ! deadl9e describ$ "u p>agraph 7#a71 b "u no circum/ances may su* ext5sions ext5d ! deadl9e beyond ! end ( ! #ab-mon? p]iod beg9n+ on ! date ( enactm5t ( ?is ,act4 7#c7 ,progress report ,n lat] ?an ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 ,byte,dance %all provide evid5ce to ! ,presid5t t ,byte,dance is 9 ! process ( dive/+ itself ( all assets describ$ "u subsection 7a74 7c7 ,c]tifications & audits 7#a7 ,weekly c]tification ,until ,byte,dance provides ! c]tification "u p>agraph 7#b77;,a71 ,byte,dance & ,tik,tok %all c]tify to ,,cfius on a weekly basis t !y are 9 compliance ) ?is ,act & ,byte,dance %all include a description ( ef=ts to make dive/m5t requir$ "u ?is section & a timel9e = project$ completion ( rema9+ actions necess>y to complete su* dive/m5t4 7#b7 ,data de/ruction c]tification & audit ,aft] ! deadl9e describ$ "u subsection 7b77#a7-- 7,a7 ,byte,dance %all c]tify 9 writ+ to ,,cfius t ,byte,dance has de/roy$ all data t ,byte,dance is requir$ to dive/ pursuant to ?is section1 includ+ all copies ( su* data :]ev] locat$2 & 7,b7 ,,cfius may audit ,byte,dance1 on su* t]ms z ,,cfius det]m9es appropriate1 9 ord] to ensure t su* de/ruction ( data is complete4 7d7 ,limitation on dive/m5ts 7#a7 ,9 g5]al ,9 c>ry+ out a dive/m5t requir$ "u ?is section1 ,byte,dance may n complete a sale or transf] to any ?ird p>ty-- 7,a7 until ,byte,dance notifies ,,cfius 9 writ+ ( ! int5d$ recipi5t or buy]2 & 7,b7 unless #aj bus9ess days h pass$ f su* notification & ,,cfius has n issu$ an objection to ,byte,dance4 7#b7 ,,cfius consid]ations ,among ! factors ,,cfius may consid] 9 review+ a propos$ sale or transf] describ$ "u p>agraph 7#a7 are-- 7,a7 :e!r ! buy] or transf]ee-- 7i7 is a ,u4,s4 citiz5 or is own$ by ,u4,s4 citiz5s2 7ii7 has or has _h a direct or indirect contractual1 f9ancial1 familial1 employm5t1 or o!r close & cont9u\s relation%ip ) ,byte,dance1 or its (fic]s1 employees1 or %>ehold]s2 & 7iii7 c demon/rate a will+ness & ability to support compliance ) ?is ,act2 & 7,b7 :e!r ! propos$ sale or transf] w\ld ?reat5 to impair ! national security ( ! ,unit$ ,/ates or und]m9e ! purpose ( ?is ,act1 & :e!r ! sale effectuates1 to ,,cfius's satisfaction & 9 ,,cfius's discretion1 a complete dive/m5t ( all tangible or intangible assets or prop]ty1 :]ev] locat$1 us$ to enable or support ! op]ation ( ! ,tik,tok application 9 ! ,unit$ ,/ates4 7e7 ,,cfius v]ification measures 7#a7 ,9 g5]al ,)\t limitation on ! ex]cise ( au?ority by any ag5cy "u o!r provisions ( law1 & until su* "t z ! dive/m5t requir$ "u ?is section is complet$ & v]ifi$ to ! satisfaction ( ,,cfius1 ,,cfius is au?oriz$ to implem5t measures ,,cfius det]m9es necess>y & appropriate to v]ify compliance ) ?is section & to ensure t ! op]ations ( ! ,tik,tok application are c>ri$ out 9 su* a mann] z to ensure protection ( ! national security int]e/s ( ! ,unit$ ,/ates4 ,su* measures may include1 on reasonable notice to ,byte,dance & ,tik,tok ,inc41 employees ( ! ,unit$ ,/ates ,gov]nm5t1 z designat$ by ,,cfius1 %all be p]mitt$ access1 = purposes ( v]ify+ compliance ) ?is section1 to all premises & facilities ( ,byte,dance & ,tik,tok ,inc41 & any ( _! respective subsidi>ies1 op]at$ 9 fur!rance ( ! ,tik,tok application locat$ 9 ! ,unit$ ,/ates-- 7,a7 to inspect & copy any books1 l$g]s1 acc\nts1 correspond5ce1 memor&a1 & o!r records & docum5ts 9 ! possession or "u ! control ( ,byte,dance or ,tik,tok ,inc41 or any ( _! respective subsidi>ies1 t conc]n any matt] relat+ to ?is section2 7,b7 to inspect or audit any in=mation sy/ems1 networks1 h>dw>e1 s(tw>e1 data1 communications1 or prop]ty 9 ! possession or "u ! control ( ,byte,dance or ,tik,tok ,inc41 or any ( _! respective subsidi>ies2 & 7,c7 to int]view (fic]s1 employees1 or ag5ts ( ,byte,dance or ,tik,tok ,inc41 or any ( _! respective subsidi>ies1 conc]n+ any matt] relat+ to ?is section4 7#b7 ,deadl9e = v]ification ,,cfius %all conclude all v]ification proc$ures describ$ "u ?is subsection )9 #ij days aft] ! c]tification ( dive/m5t is provid$ to ,,cfius pursuant to subsection 7c77#a74 #f4 ,prohibit$ transactions 7a7 ,9 g5]al ,a transaction is prohibit$ if ! transaction is by any p]son1 or ) respect to any prop]ty1 subject to ! jurisdiction ( ! ,unit$ ,/ates1 ) ,byte,dance ,ltd4 7a4k4a4 ,zjie ,tiaodong71 ,beij+1 ,*9a1 or its subsidi>ies1 includ+ ,tik,tok ,inc41 9 :i* any su* company has any int]e/1 involv+ ! foll[+3 7#a7 ,any provision ( s]vices1 occurr+ aft] ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 to di/ribute or ma9ta9 ! ,tik,tok mobile application1 con/itu5t code1 or application updates ?r\gh an onl9e mobile application /ore1 or any onl9e m>ketplace :]e mobile us]s )9 ! l& or m>itime bord]s ( ! ,unit$ ,/ates & its t]ritories may d[nload or update applications = use on _! mobile devices4 7#b7 ,any provision ( int]net ho/+ s]vices1 occurr+ aft] ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 enabl+ ! function+ or optimization ( ! ,tik,tok mobile application )9 ! l& & m>itime bord]s ( ! ,unit$ ,/ates & its t]ritories4 7#c7 ,any provision ( cont5t deliv]y network s]vices1 occurr+ aft] ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 enabl+ ! function+ or optimization ( ! ,tik,tok mobile application )9 ! l& & m>itime bord]s ( ! ,unit$ ,/ates & its t]ritories4 7#d7 ,any provision ( directly contract$ or arrang$ int]net transit or pe]+ s]vices1 occurr+ aft] ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 enabl+ ! function+ or optimization ( ! ,tik,tok mobile application )9 ! l& & m>itime bord]s ( ! ,unit$ ,/ates & its t]ritories4 7#e7 ,any utilization1 occurr+ aft] ! end ( ! #de-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 ( ! ,tik,tok mobile application's con/itu5t code1 functions1 or s]vices 9 ! function+ ( s(tw>e or s]vices develop$ or accessible )9 ! l& & m>itime bord]s ( ! ,unit$ ,/ates & its t]ritories4 7b7 ,exceptions ,! prohibition "u subsection 7a7 %all n apply to ! foll[+3 7#a7 ,any transaction t is n a bus9ess-to-bus9ess transactions4 7#b7 ,! paym5t ( wages1 sal>ies1 & b5efit packages to employees or contractors4 7#c7 ,! ex*ange betwe5 or among ,tik,tok mobile application us]s ( p]sonal or bus9ess in=mation us+ ! ,tik,tok mobile application4 7#d7 ,activities relat$ to mobile applications int5d$ = di/ribution1 in/allation or use outside ( ! ,unit$ ,/ates by any p]son1 includ+ to any p]son subject to ,u4,s4 jurisdiction1 & all ancill>y activities1 includ+ activities p]=m$ by any ,u4,s4 p]son1 :i* are ord9>ily incid5t to1 & necess>y =1 ! di/ribution1 in/allation1 & use ( mobile applications outside ( ! ,unit$ ,/ates4 7#e7 ,! /or+ ( ,tik,tok mobile application us] data 9 ! ,unit$ ,/ates4 7#f7 ,any transactions necess>y to effectuate ! dive/m5t requir$ by ?is section4 7c7 ,waiv] ,a p]son may submit a reque/ to ,,cfius = a waiv] ( ! requirem5ts "u subsection 7a74 #g4 ,en=cem5t 7a7 ,prohibition on evasion & circumv5tion ,any transaction or o!r device ent]$ into or employ$ = ! purpose (1 or ) ! effect (1 evad+ or circumv5t+ ?is ,act is prohibit$4 7b7 ,injunction ,:5ev] x appe>s to ! ,attorney ,g5]al t any p]son is engag$ 91 or is ab\t to engage 91 any act t con/itutes1 or w\ld con/itute1 a violation ( ?is ,act1 ! ,attorney ,g5]al may initiate civil action 9 a di/rict c\rt ( ! ,unit$ ,/ates to enjo9 su* violation4 7c7 ,p5alties 7#a7 ,mat]ial mis/atem5t or omission ,any p]son :o submits a report ) a mat]ial mis/atem5t or omission or makes a false c]tification "u ?is ,act may be liable to ! ,unit$ ,/ates = a civil p5alty n to exce$ #bej1jjj p] violation4 ,! am\nt ( ! p5alty impos$ = a violation %all be bas$ on ! nature ( ! violation4 7#b7 ,violations 7,a7 ,9 g5]al ,any p]son :o fails to comply ) ! requirem5ts ( ?is ,act may be liable to ! ,unit$ ,/ates = a civil p5alty n to exce$ ! great] ( #bej1jjj or ! value ( ! transaction4 7,b7 ,am\nt ,! am\nt ( a p5alty impos$ = a violation %all be bas$ on ! nature ( ! violation4 7#c7 ,det]m9ation & notice ( p5alty ,a det]m9ation to impose p5alties "u p>agraph 7#a7 or 7#b7 %all be made by ,,cfius4 ,notice ( ! p5alty1 includ+ a writt5 explanation ( ! conduct to be p5aliz$ & ! am\nt ( ! p5alty1 %all be s5t to ! subject p]son electronically & by ,u4,s4 mail or c\ri] s]vice4 ,notice %all be deem$ to h be5 effect$ by ! e>li] ( ! date ( electronic transmission & ! date ( receipt ( ,u4,s4 mail or c\ri] s]vice4 7#d7 ,petition = reconsid]ation ,^u receiv+ notice ( a p5alty to be impos$ "u p>agraph 7#a7 or 7#b71 ! subject p]son may1 )9 #ae bus9ess days ( receipt ( su* notice1 submit a petition = reconsid]ation to ! ,/aff ,*airp]son1 includ+ a def5se1 ju/ification1 or explanation = ! conduct to be p5aliz$4 ,,cfius %all review ! petition & issue any f9al p5alty det]m9ation )9 #ae bus9ess days ( receipt ( ! petition4 ,! ,/aff ,*airp]son & ! subject p]son may ext5d ei!r su* p]iod ?r\gh writt5 agreem5t4 ,,cfius & ! subject p]son may rea* an agreem5t on an appropriate rem$y at any "t be=e ,,cfius issues any f9al p5alty det]m9ation4 7#e7 ,recov]y ( p5alties ,! p5alties au?oriz$ 9 p>agraphs 7#a7 & 7#b7 may be recov]$ 9 a civil action br\ght by ! ,unit$ ,/ates 9 ,f$]al di/rict c\rt4 7#f7 ,application ( ,false ,/atem5ts ,acc\ntability ,act ( #aiif ,section #b ( ! ,false ,/atem5ts ,acc\ntability ,act ( #aiif 7#ah ,u4,s4,c4 #ajja7 %all apply to all in=mation provid$ to ,,cfius or ! ,presid5t "u ?is ,act4 7#g7 ,effect on o!r p5alties ,! p5alties available "u ?is subsection are )\t prejudice to o!r p5alties1 civil or crim9al1 available "u law4 7#h7 ,p5alties z debt due to ! ,u4,s4 ,gov]nm5t ,! imposition ( a civil monet>y p5alty "u ?is subsection creates a debt due to ! ,u4,s4 ,gov]nm5t4 ,! ,dep>tm5t ( ! ,treasury may take action to collect ! p5alty assess$ if n paid )9 ! "t prescrib$ by ,,cfius & notifi$ to ! applicable p>ty or p>ties4 ,9 addition or in/ead1 ! matt] may be ref]r$ to ! ,dep>tm5t ( ,ju/ice = appropriate action to recov] ! p5alty4 7#i7 ,def9itions ,9 ?is subsection3 7,a7 ,/aff ,*airp]son ,! t]m ,/aff ,*airp]son means ! ,dep>tm5t ( ! ,treasury (ficial s designat$ by ! ,secret>y ( ! ,treasury or by ! ,secret>y's designee4 7,b7 ,subject p]son ,9 ?is subsection1 ! t]m subject p]son means ! p]son or p]sons :o may be liable to ! ,unit$ ,/ates = a civil p5alty4 #h4 ,national ,security review ( bus9ess relation%ips ) ,byte,dance 7a7 ,national security inve/igations 7#a7 ,9 g5]al ,,cfius %all-- 7,a7 review ! relation%ip ( ea* cov]$ ,unit$ ,/ates bus9ess ) ,byte,dance to det]m9e ! effects ( su* relation%ip on ! national security ( ! ,unit$ ,/ates2 & 7,b7 issue a report to ! ,presid5t conta9+ ! f9d+s ( su* review4 7#b7 ,presid5tial au?ority ,aft] review+ a report issu$ "u p>agraph 7#a7 ) respect to a relation%ip1 ! ,presid5t may take su* action = su* "t z ! ,presid5t consid]s appropriate to susp5d or prohibit ! relation%ip if ! relation%ip ?reat5s to impair ! national security ( ! ,unit$ ,/ates4 7#c7 ,proc$ures ,to ! ext5t practicable1 ,,cfius & ! ,presid5t %all c>ry out a review ( a relation%ip "u ?is subsection 9 ! same mann] z a cov]$ transaction is review$ "u section #gba ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe74 #i4 ,report on national security ?reat ( mobile applications utiliz$ by ! ,p's ,republic ( ,*9a & ,*9ese ,communi/ ,p>ty 7a7 ,report+ requirem5t ,n lat] ?an #ahj days aft] ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y ( ,/ate & ! ,attorney ,g5]al1 9 consultation ) ! ,director ( ,national ,intellig5ce1 %all submit to ! appropriate congressional committees a report describ+-- 7#a7 ! scope ( ef=ts by ! ,p's ,republic ( ,*9a & ,*9ese ,communi/ ,p>ty to utilize mobile applications to p]=m espionage on ,u4,s4 citiz5s1 & bus9ess & organizations locat$ 9 ! ,unit$ ,/ates2 7#b7 ! means & objectives ( ! ,p's ,republic ( ,*9a & ,*9ese ,communi/ ,p>ty 9 utiliz+ mobile applications to p]=m espionage & spread dis9=mation 9 ! ,unit$ ,/ates2 & 7#c7 a detail$ /rategy reg>d+ h[ ! ,secret>y ( ,/ate & ! ,attorney ,g5]al int5d to c\nt] espionage & dis9=mation ef=ts conduct$ by ! ,p's ,republic ( ,*9a & ! ,*9ese ,communi/ ,p>ty us+ mobile applications4 7b7 ,=m ,! report requir$ by subsection 7a7 %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex if necess>y4 ,! unclassifi$ portion ( su* report %all be made available on a publicly available int]net website ( ! ,f$]al ,gov]nm5t4 7c7 ,appropriate congressional committees def9$ ,9 ?is section1 ! t]m appropriate congressional committees means-- 7#a7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,=eign ,affairs1 ! ,committee on ,f9ancial ,s]vices1 & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives2 & 7#b7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,=eign ,relations1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 & ! ,committee on ! ,judici>y ( ! ,s5ate4 #aj4 ,def9itions ,9 ?is ,act3 7#a7 ,,cfius ,! t]m ,,cfius means ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates4 7#b7 ,cov]$ ,unit$ ,/ates bus9ess ,! t]m cov]$ ,unit$ ,/ates bus9ess means a p]son 7o!r ?an an individual7 engag$ 9 int]/ate comm]ce 9 ! ,unit$ ,/ates :o-- 7,a7 is p>tn]+ or contract+ ) ,byte,dance ) respect to te*nology plat=ms1 applications1 or o!r v5tures2 or 7,b7 is a %>ehold] ( ,byte,dance4