Pipeline · Bill → Law
Step 1
Introduced
Jun 22, 2023
Step 2
Referred
Jun 22, 2023
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill increases congressional oversight of export licenses involving technology to China and Russia. Specifically, the bill creates a presumption of denial of licenses for the export, reexport, or in-country transfer of technology to end users in China or Russia. In order to approve an application for a license or other authorization, the Department of Commerce's Bureau of Industry and Security (BIS) must first submit a report to Congress that contains specified information. Among other elements, the report must (1) specify the intended end user of the technology that is the subject of the application; (2) specify the dollar value of the technology; and (3) describe how authorizing the...
Timeline · 2 actions
Jun 22, 2023
Introduced in Senate
Jun 22, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.