S. 3469 116th Congress Senate

NETWORKS Act

Official title: A bill to impose sanctions with respect to foreign telecommunications companies engaged in economic or industrial espionage against United States persons, and for other purposes.

Introduced: March 12, 2020 Introduced by: Tom Cotton Republican · Arkansas See on congress.gov

International Affairs Congressional oversightForeign and international corporationsForeign propertyPresidents and presidential powers, Vice Presidents

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SanctionsTelephone and wireless communicationTrade restrictionsTrade secrets and economic espionageWar and emergency powers

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 12, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 12, 2020

Introduced in Senate

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Latest action March 12, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Plain-English summary Congressional Research Service

Neutralizing Emerging Threats from Wireless OEMs Receiving direction from Kleptocracies and Surveillance states Act or the NETWORKS Act

This bill requires the President to block and prohibit significant transactions and interests in property of a foreign individual or entity that (1) produces fifth- or future-generation telecommunications technology; and (2) engages in economic or industrial espionage, or other related illicit activities, involving trade secrets or proprietary information owned by a U.S. individual or entity.

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