CCP IP Act

S 330, the CCP IP Act, imposes sanctions on Chinese individuals and entities determined to have engaged in significant theft of U.S. intellectual property. The President must block their U.S. assets and deny visas or entry to the U.S. for those involved in IP theft or acting on behalf of the Chinese government. It also restricts visas for senior Chinese Communist Party officials, military personnel, and their immediate family members. The bill requires reports on implementation and allows limited waivers for national security reasons, but does not specify penalties beyond the defined sanctions.