,i #aag? ,,congress #b;d ,session ,h4 ,r4 #ijea ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #bi1 #bjbb ,mr4 ,gallagh] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to impose sanctions on c]ta9 =eign fla% memory integrat$ circuit companies t ?reat5 ! int]e/s ( ! ,unit$ ,/ates4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,def5d+ ,memory ,*ip ,supply ,*a9s f ! ,*9ese ,communi/ ,p>ty ,act4 #b4 ,imposition ( sanctions on c]ta9 =eign entities 7a7 ,9 g5]al 7#a7 ,asset block+ ,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 ( an entity describ$ 9 subsection 7b71 if su* prop]ty & int]e/s 9 are 9 ! ,unit$ ,/ates1 come )9 ! ,unit$ ,/ates1 or are or come )9 ! possession or control ( a ,unit$ ,/ates p]son4 7#b7 ,det]m9ation ( significance ,= ! purposes ( ?is subsection1 9 det]m9+ if transactions are significant1 ! ,presid5t may consid] ! totality ( ! facts & circum/ances1 includ+ ! factors set =? 9 section #efa4djd ( title #ca1 ,code ( ,f$]al ,regulations 7or any correspond+ simil> regulation or rul+74 7#c7 ,rule ( con/ruction ,= purposes ( ?is section1 p>ticipation 9 an int]national /&>ds-sett+ organization or 9 ! activities ( su* an organization may n be con/ru$ to be transactions4 7b7 ,entities affiliat$ ) a c\ntry ( conc]n describ$ ,an entity is describ$ 9 ?is subsection if ! entity is-- 7#a7 ,yangtze ,memory ,te*nologies ,corporation 7,,ymtc71 any ( its subsidi>ies1 or any company 9 :i* ,,ymtc or its subsidi>ies own at lea/ #e p]c5t2 or 7#b7 an entity-- 7,a7 t is engag$ 9 ! production ( fla% memory integrat$ circuits ( at lea/ #abh lay]s2 & 7,b7 7i7 t receives or has receiv$ subsidies or inve/m5ts f any national1 prov9cial1 c\nty1 municipal1 or o!r gov]nm5t1 quasi-gov]nm5t1 or p>ty body ( a c\ntry ( conc]n1 includ+ ! ,*9ese ,communi/ ,p>ty2 7ii7 t has l9ks to ! sale1 transf]1 or rese>* & developm5t ( te*nology = ! ,arm$ ,=ces ( a c\ntry ( conc]n1 includ+ ! ,p's ,lib]ation ,army2 7iii7 t is directly or indirectly own$ or controll$ by ! gov]nm5t or rul+ p>ty ( a c\ntry ( conc]n or by ano!r entity describ$ 9 ?is subsection2 7iv7 five p]c5t or m ( ! out/&+ vot+ /ock or %>es ( :i* are own$1 controll$1 or held by ! gov]nm5t or rul+ p>ty ( a c\ntry ( conc]n or by ano!r entity describ$ 9 ?is subsection2 7v7 t is subject to sub/antial influ5ce f ei!r a c\ntry ( conc]n or ano!r entity describ$ 9 ?is subsection2 7vi7 t is domicil$ 9 a c\ntry ( conc]n & %>es ) ano!r entity describ$ 9 ?is subsection an employee 9 a position ( mat]ial decisionmak+ au?ority2 7vii7 t is "p ( ano!r entity t is headqu>t]$ 9 a c\ntry ( conc]n1 includ+ a subsidi>y1 a hold+ company1 a contract affiliate1 or a v>iable int]e/ entity2 or 7viii7 t is o!rwise sub/antially influ5c$ by a national ( a c\ntry ( conc]n or by ano!r entity domicil$ 9 ! c\ntry ( conc]n4 7c7 ,exceptions 7#a7 ,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 #cj 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 %all 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 ,c\ntry ( conc]n ,! t]m c\ntry ( conc]n-- 7i7 has ! mean+ giv5 ! t]m =eign adv]s>y 9 section #h7;c77#b7 ( ! ,secure & ,tru/$ ,communications ,networks ,act ( #bjai 7#dg ,u4,s4,c4 #afjg7;c77#b772 & 7ii7 includes ! ,p's ,republic ( ,*9a1 ,russia1 ,iran1 ,nor? ,korea1 ,cuba1 & ,v5ezuela4 7,b7 ,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 7g7 ,sev]ability ,if any provision ( ?is ,act or its application to any p]son or circum/ance is held invalid1 ! invalidity does n affect o!r provisions or applications ( ?is ,act t c be giv5 effect )\t ! invalid provision or application1 & to ?is end ! provisions ( ?is ,act are sev]able4