CCP IP Act

HR 7608, the CCP IP Act, imposes U.S. sanctions on Chinese individuals and entities found to engage in or facilitate the theft of U.S. intellectual property. It requires the President to freeze assets and deny visas to Chinese nationals or entities (not U.S. persons) involved in significant IP theft patterns, including senior Chinese Communist Party officials, military members, and their families. The bill mandates a 180-day report to Congress listing sanctioned individuals and details visa screening efficacy, with sanctions terminable if China ceases IP theft efforts. It allows case-by-case waivers for national security reasons but does not affect U.S. citizens or entities.