To prohibit the purchase of certain telecommunications or aerospace goods or service from entities affiliated with the People's Republic of China or the Russian Federation and to require reporting relating to investment by foreign persons in the aerospace industry in the United States, and for other purposes.
Summary
What This Bill Does
The bill defines definitions In this Act: The term certain telecommunications and aerospace goods or service means any equipment, hardware or software, and services designed specifically to be used in— offering, requires report on space investment competition from the People's Republic of China and the Russian Federation, and requires prohibition on use of funds to purchase certain telecommunications or aerospace goods or service from entities associated with the Government of the People's Republic of China or the Communist Party of China No. It relies on compliance mandates, reporting requirements, definition changes, and trade restrictions. The main policy areas are Telecommunications, Technology, Finance, and Transportation.
Who Benefits and How
Telecommunications providers and users affected by the bill could face reduced risk, National security and critical infrastructure stakeholders affected by the bill could face reduced risk, and Businesses and employers affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Telecommunications providers and users affected by the bill would take on compliance duties, and Researchers and scientific institutions affected by the bill would take on compliance duties.
Key Provisions
- Defines definitions In this Act: The term certain telecommunications and aerospace goods or service means any equipment, hardware or software, and services designed specifically to be used in— offering...
- Requires report on space investment competition from the People's Republic of China and the Russian Federation.
- Requires prohibition on use of funds to purchase certain telecommunications or aerospace goods or service from entities associated with the Government of the People's Republic of China or the Communist Party of China No...
- Requires SEC reporting In this section— the term Commission means the Securities and Exchange Commission.
- Provides annual report on foreign investment in United States exploration, manufacturing, telecommunications, and national security involving space Not later than 1 year after the date of the enactment of this Act...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill defines definitions In this Act: The term certain telecommunications and aerospace goods or service means any equipment, hardware or software, and services designed specifically to be used in— offering, requires report on space investment competition from the People's Republic of China and the Russian Federation, and requires prohibition on use of funds to purchase certain telecommunications or aerospace goods or service from entities associated with the Government of the People's Republic of China or the Communist Party of China No.
Key Policy Areas
Telecommunications, Technology, Finance, Transportation
Primary Purpose
The bill defines definitions In this Act: The term certain telecommunications and aerospace goods or service means any equipment, hardware or software, and services designed specifically to be used in— offering, requires report on space investment competition from the People's Republic of China and the Russian Federation, and requires prohibition on use of funds to purchase certain telecommunications or aerospace goods or service from entities associated with the Government of the People's Republic of China or the Communist Party of China No.
Policy Domains
Whole bill
Identified Gains
- Telecommunications providers and users affected by the bill
- National security and critical infrastructure stakeholders affected by the bill
- Businesses and employers affected by the bill
- Transportation operators and users affected by the bill
- Foreign businesses and cross-border trade participants affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Telecommunications providers and users affected by the bill
- Researchers and scientific institutions affected by the bill
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Rubio (for himself, Mr. Cornyn, Mrs. Blackburn, Mr. Braun, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology