HR 7036 · 115th Congress · Foreign Trade and International Finance

ZTE Theft Act

Introduced 2018-10-05· Sponsored by Rep. Chabot, Steve [R-OH-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.(2018-11-15)

Plain Language Summary

[AI summary unavailable — showing source text] Zero Tolerance for Electronics Theft Act or the ZTE Theft Act This bill requires certain telecommunications, software, or electronics companies headquartered in China that had previously been denied export privileges to certify to the Department of Justice that it will abide by all U.S. laws, not engage in cyber espionage, and not infringe intellectual property, to be eligible for such privileges. It also requires such a company to establish with the Department of the Treasury a $2.5 billion account to pay any patent infringement judgments against it.…

Summarized by Claude AI · Non-partisan · For informational purposes only