Sec. 814. Restriction on Federal grants and other forms of assistance
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/bill/117/hr/4792/ih/section-814A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of law, the head of each Federal department or agency may not provide grants, awards, or other forms of assistance, that is currently authorized in law, to a United States business to improve the resilience or competitiveness of a business unless such business agrees that it: will not engage in expanded cooperation activities with any Chinese entity, and will not expand its own activities within the People’s Republic of China (including Hong Kong and Macau). If a United States business that has received a grant or other form of assistance described in paragraph
(1)engages in expanded cooperation activities with any Chinese entity, or expands its own activities within the People’s Republic of China, such business— shall provide reimbursement to the Federal Government in an amount equal to the amount of the grant or other form of assistance; and shall be ineligible for any other grants or other forms of assistance described in paragraph
(1)from any Federal department or agency. The Secretary of the Treasury shall submit to Congress on an annual basis a report on investments made by United States businesses that receive grants or other forms of assistance described in subsection
(a)in— production in the People’s Republic of China; and production elsewhere by any Chinese entity. In this section: The term Chinese entity means any entity organized under the laws of the People’s Republic of China or otherwise subject to the jurisdiction of the Government of the People’s Republic of China, and any entity owned or controlled by the Government of the People’s Republic of China, or an entity subject to the jurisdiction of the Government of the People’s Republic of China. The term expanded cooperation activities , with respect to a Chinese entity, means investments in, exports of technology to, any activity that provides capital, technology, or expertise to the entity, or any other form of cooperation with, the entity. Nothing in this section shall be construed to authorize a new Federal grant or award program.