CCP Sanctions Shot Clock Act

The CCP Sanctions Shot Clock Act requires the U.S. Treasury Department to update a specific list of Chinese military-industrial companies within one year of a presidential report. This provision directly affects foreign entities identified in that report by mandating their inclusion on the Non-SDN Chinese Military-Industrial Complex Companies List if they have not already been added. Once updated, the Treasury must publish the revised list in the Federal Register to ensure transparency. Essentially, the bill sets a strict deadline for finalizing sanctions-related additions to this watchlist.