TIDES Act of 2024

S 5089 (TIDES Act of 2024) authorizes the U.S. President to impose sanctions on foreign entities that materially support a "maritime militia" (defined as civilian forces operating under a foreign government's direction for territorial or strategic goals, like China's). It targets entities providing logistical support, vessel construction, or financial aid to such militias, blocking U.S. transactions involving their assets. Key exceptions include intelligence activities, law enforcement, and the importation of goods. The bill also requires a report to Congress on U.S. coordination with allies to counter China's maritime militia in the South China Sea region.