STRATEGIC Act of 2024

The STRATEGIC Act of 2024 establishes a comprehensive framework to counter the People's Republic of China's influence through expanded regulations, sanctions, and oversight measures. The bill directly affects U.S. institutions by prohibiting gifts and contracts from certain Chinese entities, requiring think tanks to disclose foreign funding, and restricting visa issuance for senior Chinese officials. Key mechanisms include amendments to the Foreign Agents Registration Act to strengthen enforcement, creation of new funds to counter Chinese influence, and requirements for reporting on climate cooperation and military installations. The legislation also establishes new oversight for science and technology agreements with China, creates a special envoy office for critical technologies, and implements sanctions against entities involved in South China Sea activities and intellectual property theft.