Stop PRC Economic Espionage Act of 2026

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5024 Introduced in Senate (IS)]

<DOC>

119th CONGRESS
  2d Session
                                S. 5024

   To amend title 18, United States Code, to provide that an entity
 domiciled in a foreign adversary country is a foreign instrumentality
         for purposes of the prohibition on economic espionage.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             July 16, 2026

Mr. Cornyn (for himself and Mr. Cotton) introduced the following bill;
  which was read twice and referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL

   To amend title 18, United States Code, to provide that an entity
 domiciled in a foreign adversary country is a foreign instrumentality
         for purposes of the prohibition on economic espionage.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop PRC Economic Espionage Act of
2026''.

SEC. 2. DEFINITION OF FOREIGN INSTRUMENTALITY FOR PURPOSES OF ECONOMIC
              ESPIONAGE PROHIBITION.

    Section 1839(1) of title 18, United States Code, is amended--
            (1) by striking ``that is substantially owned'' and
        inserting the following: ``that is--
                    ``(A) substantially owned''; and
            (2) by adding at the end the following: ``or
                    ``(B) domiciled in a covered nation, as defined in
                section 4872 of title 10;''.
                                 <all>