,,ii  #aaith ,,congress  #b;d ,session  
,s4 #echa  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,august #g1    
#bjbf,mr4 ,husted 7for himself and ,mr4 
,warner7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,banking1 ,housing1 and  
,urban ,affairs  ,a ,,bill  ,to require 
an analysis of threats posed by foreign 
adversary access to controlled items    
within the ,united ,states4  #a4 ,short 
title ,this ,act may be cited as the    
,addressing ,dangerous ,vulnerabilities 
in ,exports and ,research to ,strategic 
,adversaries1 ,regimes1 and ,industrial 
,entities of ,security ,concern ,act or 
,,adversaries ,act4  #b4 ,analysis of   
threats posed by foreign adversary      
access to controlled items within the   
,united ,states  7a7 ,in general ,the   
,under ,secretary of the ,bureau of     
,industry and ,security of the          
,department of ,commerce1 acting through
 the ,executive ,director of the ,office
 of ,information and ,communications    

,technology and ,services 7,,oicts7     
shall1 not later than #ij days after the
 date of the enactment of this ,act1    
complete a review of the impact on      
,united ,states export control          
effectiveness by operations of ,united  
,states-domiciled affiliates of entities
 described in subsection 7b77#a77;,b7   
and1 additionally1 the national security
 threats posed by foreign adversary     
exploitation of vulnerabilities in      
information and communications          
technology and services 7,,icts74  7b7  
,contents ,the review required by       
subsection 7a7 shall address the        
following3 7#a7 7,a7 ,whether ,united   
,states-domiciled affiliates1 defined as
 any entity that is directly or         
indirectly1 individually or in          
aggregate1 #ej percent or more owned by 
one or more entities described in       
subparagraph 7,b71 can acquire items    
that their ultimate parent companies are
 restricted from accessing due to       
,united ,states export controls4  7,b7  

,the entities described in this         
subparagraph are--  7i7 entities        
identified on the ,entity ,list2 or     
7ii7 entities identified on the         
,military ,end ,user ,list4  7#b7 ,if   
the review concludes affirmatively the  
question posed in paragraph 7#a71 the   
extent to which entities described in   
subparagraph 7,a7 are acquiring items   
that their ultimate parent companies are
 restricted from accessing due to       
,united ,states export controls and the 
impact on the effectiveness of ,united  
,states export controls4  7#c7 ,the     
risks to ,united ,states national       
security or export control              
effectiveness1 if any1 posed by the     
operation of foreign-adversary          
controlled ,,icts4  7#d7 ,whether any   
specific sectors of foreign-adversary   
controlled ,,icts pose undue risk1 such 
as by undermining export control        
effectiveness4  7#e7 ,what steps1 if    
any1 the ,under ,secretary of the       
,bureau of ,industry and the ,executive 

,director of the ,,oicts intend to take 
within the next year to address the     
threats found in paragraphs 7#a7 through
 7#d74  7#f7 ,any recommended change to 
,united ,states law that would help     
address any threats found from this     
review4  7c7 ,report ,the ,under        
,secretary of the ,bureau of ,industry  
and ,security of the ,department of     
,commerce1 acting through the ,executive
 ,director of the ,office of            
,information and ,communications        
,technology and ,services 7,,oicts7     
shall1 not later than #cj days after    
completing the review required by       
subsection 7a71 provide the results of  
the review to the ,committee on ,foreign
 ,affairs of the ,house of              
,representatives and the ,committee on  
,banking1 ,housing1 and ,urban ,affairs 
of the ,senate4  7d7 ,definitions ,in   
this section-- 7#a7 the term ,entity    
,list means the list required pursuant  
to ,supplement ,no4 #d to part #gdd of  
title #ae1 ,code of ,federal            

,regulations1 or successor regulations  
by the ,bureau of ,industry and         
,security of the ,department of         
,commerce2 and  7#b7 the term ,military 
,end ,user ,list means the list required
 pursuant to ,supplement ,no4 #g to part
 #gdd of title #ae1 ,code of ,federal   
,regulations1 or successor regulations  
by the ,bureau of ,industry and         
,security of the ,department of         
,commerce4