S.Amdt. 5849

1. Adds SEC. 1254. ADDITIONAL PROHIBITION ON ACQUISITION OF SENSITIVE MATERIALS at the end of subtitle D of title XII

   Adds a section

   In S.Amdt. 5499 as proposed

   (2) modifies or deletes in any way the content of the project as a result of any direction from any entity of the Government of the People's Republic of China or the Chinese Communist Party.

   Inserted: SEC. 1254. ADDITIONAL PROHIBITION ON ACQUISITION OF SENSITIVE MATERIALS.

   Inserted: (a) In General.--Section 4872 of title 10, United States Code, is amended--

   Inserted: (1) in subsection (a), by amending paragraph (1) to read as follows:

   Inserted: "(1) procure any covered material melted or produced in any covered nation or by any covered company, or any end item that contains a covered material manufactured in any covered nation or by any covered company; or"; and

   Inserted: (2) in subsection (d)--

   Inserted: (A) by redesignating paragraphs (1) through (3) as paragraphs (2) through (4), respectively; and

   Inserted: (B) by inserting before paragraph (2), as redesignated, the following:

   Inserted: "(1) Covered company.--The term 'covered company' means--

   Inserted: "(A) any company or joint venture registered outside the United States--

   Inserted: "(i) that is partially or fully owned by any state-owned entity from a covered nation; or

   Inserted: "(ii) 10 percent of the ownership of which is by 1 or more private investors from any covered nation;

   Inserted: "(B) any company or joint venture registered inside the United States that--

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   Inserted: "(i) is partially or fully owned by a state-owned entity from a covered nation; or

   Inserted: "(ii) after the date of the enactment of this Act, has entered into an agreement or a condition with the Committee on Foreign Investment in the United States under subsection (l)(3)(A) of section 4565 of title 50, United States Code, that does not specifically refer to this section and provide that the company shall be eligible to supply covered products under this section; or

   Inserted: "(C) any other company that the President determines to be a threat to the security of supply of any covered material.".

   Inserted: (b) Regulations.--Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense shall promulgate such regulations as may be necessary to carry out this section.

   Original wording

   At the end of subtitle D of title XII, add the following:

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As printed