S.Amdt. 2050

SA 2050. Mr. RISCH (for himself, Mr. Menendez, Mr. Rubio, and Mr.
Cardin) submitted an amendment intended to be proposed to amendment SA
1502 proposed by Mr. Schumer to the bill S. 1260, to establish a new
Directorate for Technology and Innovation in the National Science
Foundation, to establish a regional technology hub program, to require
a strategy and report on economic security, science, research,
innovation, manufacturing, and job creation, to establish a critical
supply chain resiliency program, and for other purposes; which was
ordered to lie on the table; as follows:

Strike section 5212 and insert the following:

SEC. 5212. LIMITATION ON REVIEW OF FOREIGN GIFTS AND
CONTRACTS BY THE COMMITTEE ON FOREIGN
INVESTMENT IN THE UNITED STATES TO GIFTS AND
CONTRACTS FROM THE PEOPLE'S REPUBLIC OF CHINA.

The amendments to section 721 of the Defense Production Act
of 1950 (50 U.S.C. 4565) made by section 3138 of this Act
shall apply only with respect to gifts to institutions of
higher education from, and contracts entered into by such
institutions with, foreign persons that are--
(1) individuals who are nationals of the People's Republic
of China;
(2) entities organized under the laws of the People's
Republic of China or otherwise subject to the jurisdiction of
the Government of the People's Republic of China;
(3) governmental entities of the People's Republic of
China; or
(4) the Chinese Communist Party or any of its affiliates.
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