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Code · BILL · 116th Congress · H.R. 7007 (Introduced in House) — To initiate negotiations for a bilateral agreement on compensation between the United States and the People’s Republi... · Sec. 12

Sec. 12. Report on integrity of the United States supply chain

259 words·~1 min read·/bill/116/hr/7007/ih/section-12·

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Not later than 60 days after the date of the enactment of this Act, the Secretary of Commerce shall submit to the appropriate congressional committees a report concerning strategies to incentivize, require, or compensate United States persons for relocating or repatriating United States business activities and assets from China to the United States. The report required under subsection
(a)shall include information relating to the following business sectors: Pharmaceutical. Medical. Electronics. Information and communications technology. Science. Defense industries. In this section: The term appropriate congressional committees means— the Committee on Foreign Affairs of the House of Representatives; the Committee on Energy and Commerce of the House of Representatives; the Committee on Financial Services of the House of Representatives; the Committee on Foreign Relations of the Senate; the Committee on Commerce, Science, and Transportation of the Senate; and the Committee on Finance of the Senate. The term person means— a natural person; a corporation, business association, partnership, society, trust, financial institution, insurer, underwriter, guarantor, and any other business organization, any other nongovernmental entity, organization, or group, or any government or agency thereof; and any successor to any entity described in subparagraph (B). The term United States person means— any individual who is a citizen or national of the United States or who is an individual described in subparagraph
(B)of section 274B(a)(3) of the Immigration and Nationality Act ( 8 U.S.C. 1324b(a)(3) ); or a corporation or other legal entity which is organized under the laws of the United States, any State or territory thereof, or the District of Columbia.
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Sec. 12
Report on integrity of the United States supply chain
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