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119th Congress · House bill · Last action May 6, 2025
Bills›International Affairs›H.R. 1486Congress.gov ↗
H.R. 1486Passed HouseInternational Affairs

Economic Espionage Prevention Act

Sponsor: Rep. McCormick, Richard (R-GA)3 cosponsorsIntroduced Feb 21, 2025
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In plain English

Rep. Richard McCormick (R-GA) sponsored this bill, which authorizes the President to impose visa and property-blocking sanctions on foreign entities from countries designated as adversaries (China, Russia, Iran, North Korea, Cuba, and Venezuela) that steal U.S. trade secrets, provide support to foreign militaries, or violate export control laws. The bill also narrows exemptions under existing emergency economic powers law, allowing the President to restrict exports of information, software source code, and sensitive personal data during a national emergency even though these categories normally cannot be restricted. The bill requires the President to submit a report on economic espionage threats. The legislation also modifies civil liability provisions related to these sanctions and actions.

What’s in the bill (6 sections)
  • Sec. 2. Findings
  • Sec. 3. Report
  • Sec. 4. Imposition of sanctions with respect to economic or industrial
  • Sec. 5. Importation of goods exception
  • Sec. 6. Definitions
  • Sec. 7. 4 of title 15, Code of
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Note: the official CRS summary for this bill was written on 2025-02-21, but the bill text was revised on 2025-05-06T04:00:00Z. Provisions may have been added since the summary was written — the section list above reflects the current text.

Where it is in the process

✓
Introduced
Feb 21
✓
House committee
May 6
✓
House floor
May 5
4
Senate
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5
Signed
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What happens next: Cleared the House. Now goes to the Senate for consideration.

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Sponsor

Cosponsors (3)

JR
MR
MR
All Republican.

Activity timeline

May 6
May 6, 2025
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
May 5
May 5, 2025
Motion to reconsider laid on the table Agreed to without objection.
May 5
May 5, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1828-1829)
May 5
May 5, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1828-1829: 1)
May 5
May 5, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 1486.
May 5
May 5, 2025
Considered under suspension of the rules. (consideration: CR H1828-1830)
May 5
May 5, 2025
Mr. Mast moved to suspend the rules and pass the bill, as amended.
Feb 21
Feb 21, 2025
Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 21
Feb 21, 2025
Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 21
Feb 21, 2025
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Read full text →

Full action log

All 11 recorded actions since introduction · Source: Congress.gov
May 6
SENATEReceived in the Senate and Read twice and referred to the Committee on Foreign Relations.
May 5
HOUSEMotion to reconsider laid on the table Agreed to without objection.
May 5
HOUSEOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1828-1829)
May 5
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1828-1829: 1)
May 5
HOUSEDEBATE - The House proceeded with forty minutes of debate on H.R. 1486.
May 5
HOUSEConsidered under suspension of the rules. (consideration: CR H1828-1830)
May 5
HOUSEMr. Mast moved to suspend the rules and pass the bill, as amended.
Feb 21
HOUSEReferred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 21
HOUSEReferred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 21
Introduced in House
Feb 21
Introduced in House

All 3 cosponsors

0 Democrats · 3 Republicans
Republicans (3)

In the news

Fighting Back Against Foreign Trade Secret Theft: U.S. House of Representatives Approves H.R.1486 - Dentons
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