Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jul 12, 2023
Asserting International Restrictions to Strategically Hinder Intelligence Programs Act of 2023 or the AIRSHIP Act of 2023
This bill imposes sanctions on specified Chinese companies and individuals.
Specifically, the Department of the Treasury must add certain companies, such as the Beijing Nanjiang Aerospace Technology Company and the Dongguan Lingkong Remote Sensing Technology Company, to the Non-SDN Chinese Military-Industrial Complex Companies List maintained by the Office of Foreign Assets Control (OFAC). (Companies on this list are subject to certain restrictions, including prohibitions on U.S. persons engaging in transactions involving the publicly traded securities of the company.)
Treasury must also add certain individuals, such as Wu Zhe, professor of aeronautics at Beihang University, to the Specially Designated Nationals and Blocked Persons List maintained by OFAC. (Individuals and entities on this list are subject to asset- and transaction-blocking sanctions.)
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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