Combatting China’s Pilfering of Intellectual Property Act; CCP IP Act
Summary
The "Combatting China's Pilfering of Intellectual Property Act" (CCP IP Act) aims to impose sanctions on individuals and entities operating within sectors of the People's Republic of China's economy who engage in or benefit from the theft of intellectual property belonging to United States persons. The bill also restricts visas for senior Chinese Communist Party officials and others. It mandates reports on intellectual property theft and visa screening efficacy.
Expected Effects
The Act would empower the President to block assets and deny visas to those involved in intellectual property theft. It could lead to increased trade tensions with China. The Act also requires the Secretary of State to submit a report to Congress detailing the efficacy of visa screening mechanisms.
Potential Benefits
- Protects U.S. intellectual property rights.
- Deters future theft of intellectual property.
- Strengthens national security by safeguarding sensitive technologies.
- Promotes fair trade practices.
- Provides a legal framework for addressing intellectual property theft.
Potential Disadvantages
- Could strain diplomatic relations with China.
- May lead to retaliatory measures from China.
- Potential for unintended economic consequences.
- Implementation may be complex and resource-intensive.
- Risk of misidentification of individuals or entities.
Constitutional Alignment
The bill aligns with the Constitution's implied powers related to foreign policy and national security. Congress has the power to regulate commerce with foreign nations (Article I, Section 8, Clause 3) and to enact laws necessary and proper for carrying out these powers (Article I, Section 8, Clause 18). The Act's provisions regarding visa restrictions fall under Congress's authority over immigration and naturalization.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).