S5024Referred to Committee

Stop PRC Economic Espionage Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-16
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

John Cornyn
John Cornyn
Republican · TX · Senator
Votes with party: 75.5% (849 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$79,418k
  • Climate & Environment$24,960k

Full profile: /officials/C001056

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on the Judiciary.

2026-07-16

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The bill would expand the definition of what counts as a "foreign instrumentality" under U.S. espionage laws to include any company or organization based in countries considered U.S. adversaries, making it easier to prosecute cases where these entities steal American trade secrets or confidential business information. This change would affect companies, researchers, and individuals who work with or for organizations from adversary nations, potentially increasing legal consequences for economic espionage. The measure aims to strengthen protections for American intellectual property and proprietary information against foreign competitors.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 5024 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 5024 To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 16, 2026 Mr. Cornyn (for himself and Mr. Cotton) introduced the following bill; which was read twice and referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stop PRC Economic Espionage Act of 2026''. SEC. 2. DEFINITION OF FOREIGN INSTRUMENTALITY FOR PURPOSES OF ECONOMIC ESPIONAGE PROHIBITION. Section 1839(1) of title 18, United States Code, is amended-- (1) by striking ``that is substantially owned'' and inserting the following: ``that is-- ``(A) substantially owned''; and (2) by adding at the end the following: ``or ``(B) domiciled in a covered nation, as defined in section 4872 of title 10;''. <all>
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