S.Amdt. 707

1. Adds SEC. 16. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON THE TRANSFER TO ENTITIES IN THE PEOPLE'S REPUBLIC OF CHINA OF TECHNOLOGY DEVELOPED USING FUNDS PROVIDED BY THE UNITED STATES GOVERNMENT at the end of the bill

   Adds a section

   In S. 1619 · Placed on Calendar Senate

   The Exchange Rates and International Economic Policy Coordination Act of 1988 (22 U.S.C. 5301 et seq.) is repealed.

   Inserted: SEC. 16. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON THE TRANSFER TO ENTITIES IN THE PEOPLE'S REPUBLIC OF CHINA OF TECHNOLOGY DEVELOPED USING FUNDS PROVIDED BY THE UNITED STATES GOVERNMENT.

   Inserted: (a) In General.--Not later than March 30, 2012, the Comptroller General of the United States shall submit to Congress a report on the transfer by United States persons of technology developed using grants, loans, or other financial assistance provided by the United States Government to entities in the People's Republic of China or entities owned or controlled by the Government of China that includes an assessment of the following:

   Inserted: (1) The degree to which the United States Government has expressly or tacitly acquiesced to the transfer of such technology to such entities.

   Inserted: (2) The strategic benefit to the Government of China and to industries in China of obtaining such technology.

   Inserted: (3) The extent to which there is a concerted effort by the Government of China to obtain certain types of technology from United States persons.

   Inserted: (4) Any instances of the transfer of technology to entities in China or entities owned or controlled by the Government of China that are of national security concern to the United States Government.

   Inserted: (5) The degree to which the transfer of technology to such an entity by a United States person has caused other United States persons to need to compete against other such entities.

   Inserted: (6) Any instances of the transfer of technology that have enabled such entities to advance beyond the technological capabilities of industries in the United States or to make significant gains in technological development relative to the technological capabilities of such industries.

   Inserted: (7) The cost to United States taxpayers of research that--

   Inserted: (A) has been carried out using grants, loans, or other financial assistance provided by the United States Government; and

   Inserted: (B) has resulted in technology that has been transferred to an entity in China or an entity owned or controlled by the Government of China.

   Inserted: (8) Any other notable instances of transfer of technology to such entities that are a cause for concern for the United States Government or the global technological leadership of the United States.

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   Inserted: (b) United States Person Defined.--In this section, the term "United States person" means--

   Inserted: (1) an individual who is a citizen of the United States or an alien lawfully admitted for permanent residence to the United States; or

   Inserted: (2) an entity organized under the laws of the United States or of any jurisdiction within the United States.

   Original wording

   At the end, add the following:

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As printed