S 5050
117th Congress
Senate
International Affairs
Defending Memory Chip Supply Chains from the Chinese Communist Party Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 29, 2022
Introduced in Senate
Plain-English summary
Defending Memory Chip Supply Chains from the Chinese Communist Party Act
This bill requires the President to impose sanctions on entities that produce flash memory integrated circuits of at least 128 layers and that have financial links to countries of concern. The bill also requires sanctions on the Yangtze Memory Technologies Corporation.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1