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Voters should care about this bill because it aims to make it much more costly to illegally export sensitive goods, technologies, or information from the United States. Such illegal exports can pose serious risks to national security by allowing adversaries access to critical technologies, harm the U.S. economy by enabling unfair competition, or undermine U.S. foreign policy goals.
If this bill passes, the significantly higher penalties could act as a stronger deterrent, making businesses and individuals think twice before violating export laws, thereby better protecting U.S. interests. If it doesn't pass, the current, lower penalties would remain in effect, which some might argue are not sufficient to deter serious violations given the potential profits from illegal exports.
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Voters should care about this bill because it aims to make it much more costly to illegally export sensitive goods, technologies, or information from the United States. Such illegal exports can pose serious risks to national security by allowing adversaries access to critical technologies, harm the U.S. economy by enabling unfair competition, or undermine U.S. foreign policy goals.
If this bill passes, the significantly higher penalties could act as a stronger deterrent, making businesses and individuals think twice before violating export laws, thereby better protecting U.S. interests. If it doesn't pass, the current, lower penalties would remain in effect, which some might argue are not sufficient to deter serious violations given the potential profits from illegal exports.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| TYPE | AMOUNT | WHO |
|---|---|---|
| civil | Up to $1,200,000 or four times the value of the transaction (whichever is greater). | Individuals and entities that violate the Export Control Reform Act of 2018 or any related regulations, orders, or licenses. |