S 5131
Strategic act of 2024
Strategic Act of 2024
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- Passed Senate
- Passed House
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- Became Law
Bill overview
The Strategic Act of 2024 aims to bolster the United States’ competitive position against China through a series of legislative measures. It focuses on strengthening foreign agent registration requirements, restricting gifts and contracts from the PRC to U.S. institutions, establishing a fund to counter Chinese influence, and implementing sanctions related to various PRC activities, including espionage, intellectual property theft, and human rights abuses. The bill also seeks to advance U.S. economic prosperity through infrastructure investment and partnerships, and to reinforce security alliances in the Indo-Pacific region.
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