Turn OFF THE TAP Act

S 143, the "Turn OFF THE TAP Act," prohibits U.S. federal agencies from entering into contracts with or providing funds to entities listed on specific U.S. sanctions lists. It directly affects federal agencies (like departments or bureaus) and any businesses or organizations on the Office of Foreign Assets Control’s SDN list, Chinese military-industrial lists, or other designated national security risk lists. The bill blocks all federal funding - whether for direct contracts, purchases, investments, or indirect support - from flowing to these sanctioned entities. Key provisions include banning federal contracts with listed entities and preventing federal funds from being used to support them indirectly through third parties. This applies to entities owned by or linked to those on the restricted lists.