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Sanctions for Telecom Espionage: Protecting US Data and Businesses

This act imposes sanctions on foreign telecommunications companies that produce 5G or future generation technology and engage in economic or industrial espionage against US businesses. Its aim is to protect sensitive information and trade secrets of American companies, potentially impacting data security and market competitiveness.
Key points
Blocking financial transactions with telecom companies suspected of espionage.
Protecting US trade secrets and proprietary information from theft.
Possibility of waiving sanctions if vital to US national security.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_S_5239
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2022-12-12
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

NETWORKS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5239.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-12.

What are the main provisions?

Key points include:

  • Blocking financial transactions with telecom companies suspected of espionage.
  • Protecting US trade secrets and proprietary information from theft.
  • Possibility of waiving sanctions if vital to US national security.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cotton, Tom [R-AR].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

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Security Economy Courts and Law