The record

LegislationLegislation· Sep 2024
HR 8361

Sponsored by Richard McCormick (R)

Economic Espionage Prevention Act

Would have let the President sanction foreign adversary firms that steal US trade secrets or break export controls.

Tradeoff

Would have let the President block US property and revoke visas of foreign adversary entities tied to economic espionage or export violations. Would also have narrowed IEEPA exemptions for bulk personal data and source code during .

What's in it

See official bill text
H.R. 8361, Economic Espionage Prevention Actwww.cbo.gov/publication/60484 · Jul 2024

The House passed this by on September 9, 2024. The Senate never voted on it before the Congress ended, so the bill expired.

  1. House

    Introduced

    (May 10, 2024)

  2. House

    Committee on Foreign Affairs(May 10, 2024)

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

  3. House

    The committee voted to send it to the floor

    Reported(May 16, 2024)

  4. House

    Passage of the bill

    Passed by (Sep 9, 2024)

    No individual votes were recorded.