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S 2275 118th Congress Senate International Affairs

AIRSHIP Act of 2023

Introduced: July 12, 2023 Introduced by: Daines, Steve Republican · Montana See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 12, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Asserting International Restrictions to Strategically Hinder Intelligence Programs Act of 2023 or the AIRSHIP Act of 2023

This bill imposes sanctions on specified Chinese companies and individuals.

Specifically, the Department of the Treasury must add certain companies, such as the Beijing Nanjiang Aerospace Technology Company and the Dongguan Lingkong Remote Sensing Technology Company, to the Non-SDN Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control (OFAC). (Companies on this list are subject to certain restrictions, including prohibitions on U.S. persons engaging in transactions involving the publicly traded securities of the company.)

Treasury must also add certain individuals, such as Wu Zhe, professor of aeronautics at Beihang University, to the Specially Designated Nationals and Blocked Persons List maintained by OFAC. (Individuals and entities on this list are subject to asset- and transaction-blocking sanctions.)

What's happening now July 12, 2023

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

 Committees of jurisdiction 1