Prohibiting Federal Funding for Entities Threatening U.S. Security
This act bans federal funding for entities subject to U.S. sanctions or deemed a national security threat. This means U.S. companies and institutions cannot contract with or invest in entities on blacklists, aiming to protect citizens' interests and security.
Key points
U.S. government agencies cannot enter into or renew contracts with sanctioned entities.
Federal funds cannot be used to purchase goods, services, or invest in threatening entities.
This includes entities on sanctions lists, Chinese military companies, and those producing equipment posing national security risks.
Expired
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