The record

LegislationLegislation· May 2025
HR 1486 Passed House — in Senate

Sponsored by Richard McCormick (R)

Economic Espionage Prevention Act

Lets the President sanction foreign companies that steal US trade secrets or help Russia's military.

Tradeoff

Expands presidential power to block property and deny visas to foreign entities engaged in economic espionage or supporting adversary militaries. Exempts intelligence activities and international obligations.

What's in it

See official bill text

Passed the House by on May 5, 2025 — sitting in the Senate.

  1. House

    Introduced

    (Feb 21, 2025)

  2. House

    Committee on Foreign Affairs(Feb 21, 2025)

    The bill went to more than one committee at the same time.

  3. House

    Passage of the bill

    Passed by (May 5, 2025)

    No individual votes were recorded.

  4. Senate

    Received from the House

    on Foreign Relations(May 6, 2025)