Bills · HR 1486
PASSED HOUSE· 119TH CONGRESS
House BillHR 1486Civil actions and liabilitySanctions
Economic Espionage Prevention Act
INTRO FEB 21· LAST ACTION MAY 6
READING
10MIN
COSPONSORS
3
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- One chamber only
LEGISLATIVE PROGRESS
STEP 4 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it addresses national security concerns and the protection of American innovation and economic interests. In an era of increased geopolitical competition, guarding against economic espionage ensures that U.S. companies maintain their competitive edge and that sensitive technologies do not fall into the wrong hands, especially those that could be used to harm U.S. allies or interests.
If this bill becomes law, it provides the U.S. government with more explicit tools to identify and penalize foreign entities that undermine U.S. security and economic strength. It signifies a more aggressive stance against foreign actors who exploit global supply chains or intellectual property. If it doesn't pass, the U.S. would rely on existing, potentially less targeted or comprehensive, frameworks to address these specific threats, potentially leaving U.S. trade secrets more vulnerable and allowing continued illicit support to adversarial militaries.
KEY PROVISIONS
4AI-extractedPROVISION 01
Requires the Secretary of State to submit a report within 90 days detailing the extent to which Chinese entities provide critical components to Russia's defense industry or engage in transactions with sanctioned Russian defense/intelligence entities.
This provision aims to uncover specific instances of foreign support for adversarial militaries, providing actionable intelligence for potential sanctions.
PROVISION 02
Authorizes the President to impose sanctions on foreign adversary entities that knowingly engage in economic or industrial espionage against U.S. persons or provide material support to foreign adversaries' military/intelligence sectors.
This gives the executive branch a direct tool to penalize foreign actors harming U.S. economic and national security interests.
PROVISION 03
Allows for sanctions to include blocking property and interests in property of sanctioned foreign persons within U.S. jurisdiction.
This provides a significant financial deterrent by directly impacting the assets of foreign entities involved in prohibited activities.
PROVISION 04
Makes aliens (foreign nationals) designated for sanctions ineligible for visas, admission, or parole into the United States and subject to visa revocation.
This provision restricts the movement and access of individuals associated with sanctioned entities, adding another layer of consequence.
SPONSORSHIP
1 + 3
R· Georgia
YRS IN OFFICE
3
BILLS LED
22
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 3 IND 0
ACTION TIMELINE
9 EVENTSMAY 6
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
MAY 5
Mr. Mast moved to suspend the rules and pass the bill, as amended.
MAY 5
Considered under suspension of the rules. (consideration: CR H1828-1830)
MAY 5
DEBATE - The House proceeded with forty minutes of debate on H.R. 1486.
BILL INFO
TypeHouse Bill
NumberHR 1486
Congress119th
StatusPassed House
IntroducedFeb 21, 2025
Last actionMay 6, 2025
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
PASSED HOUSE· 119TH CONGRESS · FOREIGN AFFAIRS COMMITTEE · INTRODUCED FEB 21, 2025
House BillHR 1486Civil actions and liabilitySanctions
Economic Espionage Prevention Act
INTRODUCED FEB 21, 2025· LAST ACTION MAY 6, 2025
PASSAGE CHANCES
—%
READING
10 min
COSPONSORS
3
COMPLEXITY
Moderate
