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119th CONGRESS
2d Session |
To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage.
Mr. Cornyn (for himself and Mr. Cotton) introduced the following bill; which was read twice and referred to the Committee on the Judiciary
To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Stop PRC Economic Espionage Act of 2026”.
SEC. 2. Definition of foreign instrumentality for purposes of economic espionage prohibition.
Section 1839(1) of title 18, United States Code, is amended—
(1) by striking “that is substantially owned” and inserting the following: “that is—
“(A) substantially owned”; and
(2) by adding at the end the following: “or
“(B) domiciled in a covered nation, as defined in section 4872 of title 10;”.