CCP IP Act

The CCP IP Act (Combatting China's Pilfering of Intellectual Property Act) would authorize the President to impose targeted sanctions on individuals and entities in the People's Republic of China (PRC) that engage in, or benefit from, a pattern of significant theft of U.S. intellectual property (IP). Sanctions would include blocking assets and prohibiting transactions under the International Emergency Economic Powers Act (IEEPA), as well as broad visa restrictions that bar certain PRC officials and their families from entering the United States. The bill would apply to PRC nationals or entities owned or controlled by PRC nationals, and it would permit waivers or termination if the President determines IP theft has ceased. It also requires reporting to Congress on who meets the sanction criteria and, within 180 days, a review of visa-screening efficacy and a list of research institutions tied to the PRC security apparatus. The overall aim is to deter IP theft by using economic and immigration tools to pressure PRC actors and limit access to U.S. opportunities.