S 5239 117th Congress Senate International Affairs

NETWORKS Act

Introduced: December 12, 2022 Introduced by: Cotton, Tom Republican · Arkansas See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 12, 2022

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

Dec 12, 2022

Introduced in Senate

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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.

What's happening now December 12, 2022

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

Related & companion bills 1

Bill text 1 version