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Code · BILL · 117th Congress · H.R. 9512 (Introduced in House) — To establish a National Development Strategy, and for other purposes. · Sec. 6

Sec. 6. Prohibitions and policy

123 words·~1 min read·/bill/117/hr/9512/ih/section-6·

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No funding or authorities provided under this Act may be used to support projects or partnerships with any entity of concern. Not later than 180 days after the date of enactment of this Act, the Committee shall establish policies to ensure that any support to projects or partnerships provided by the Federal Financing Bank in accordance with this Act— includes assurances that no support provided in such project or partnership shall be used to expand operations in a country of concern; includes protections to ensure against transfer of intellectual property to countries of concern; and includes requirements that any firm participating in a project or partnership funded by this Act disclose any affiliate, parent company, or subsidiary located in a country of concern.
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