What is the official ID of this bill?
The official print number for this legislation is S 1245.
Combating Trade Secret Theft and Cybercrime
This act strengthens protections for U.S. businesses against trade secret theft, especially by foreign entities. It introduces harsher penalties for economic espionage and cybercrime, and restricts access to sensitive research for individuals linked to foreign governments. The goal is to safeguard U.S. innovation, jobs, and national security.
Key points
Increased prison sentences and fines for illegal communication interception when acting on behalf of a foreign government.
New tools for the U.S. government to sanction foreign entities stealing American trade secrets, including import, export, and visa bans.
Strengthening cybercrime laws, including combating botnets and attacks on critical infrastructure.
Making it harder for individuals involved in espionage, trade secret theft, or election interference to enter and remain in the U.S.
Requiring approval and disclosure of foreign funding for individuals involved in sensitive government-funded research projects.
Status:
Expired
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