Bills/S. 672

Protect America’s Innovation and Economic Security from CCP Act of 2025

Protect America’s Innovation and Economic Security from CCP Act of 2025

In CommitteeJudiciarySenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Protect America's Innovation and Economic Security from CCP Act of 2025 This bill, sponsored by Senator Rick Scott (R-FL), aims to protect American technology, research, and business secrets from what the sponsor views as threats related to China's government. Based on its subject matter, the bill likely addresses concerns about Chinese investment in U.S. companies, espionage targeting American innovation, and potential theft of intellectual property and trade secrets. It would probably create new oversight mechanisms, strengthen security requirements for certain investments, and enhance enforcement against economic espionage. The bill would primarily affect U.S.

technology companies, research institutions, universities, and investors—particularly those engaged in sensitive fields like computer security and advanced technology development. It could also impact Chinese firms seeking to invest in or partner with American businesses. Key provisions likely include new review processes for foreign investments, stricter security protocols at research institutions, and additional tools for law enforcement and intelligence agencies to investigate and prosecute economic espionage. **Current Status:** The bill is currently in committee, meaning it has not yet been debated or voted on by the full Senate. It remains in the early stages of the legislative process.

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Latest Action

February 20, 2025

Read twice and referred to the Committee on the Judiciary.

Subjects

Advisory bodiesAsiaChinaComputer security and identity theftCongressional oversightCriminal investigation, prosecution, interrogationDepartment of JusticeExecutive agency funding and structureHigher educationIntellectual propertyIntelligence activities, surveillance, classified informationTrade secrets and economic espionageU.S. and foreign investments

Sponsor

R
Scott, Rick [R-FL]
R-FL · Senate
1 cosponsor

Key Dates

Introduced
February 20, 2025
Last Updated
February 20, 2025
Read Full Text on Congress.gov →
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