S 5050 · 117th Congress · International Affairs

Defending Memory Chip Supply Chains from the Chinese Communist Party Act

Introduced 2022-09-29· Sponsored by Sen. Cotton, Tom [R-AR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2022-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] Defending Memory Chip Supply Chains from the Chinese Communist Party Act This bill requires the President to impose sanctions on entities that produce flash memory integrated circuits of at least 128 layers and that have financial links to countries of concern. The bill also requires sanctions on the Yangtze Memory Technologies Corporation.…

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