United States HR 8043: NO LIMITS Act of 2024

Bill Text

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118TH CONGRESS
2D SESSION H. R. 8043
To impose certain sanctions relating to the People’s Republic of China and
support for the Russian invasion of Ukraine, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 17, 2024
Mr. GALLAGHER (for himself, Mr. PANETTA, Mr. MOOLENAAR, and Mr.
GOLDEN of Maine) introduced the following bill; which was referred to
the Committee on Foreign Affairs
A BILL
To impose certain sanctions relating to the People’s Republic
of China and support for the Russian invasion of
Ukraine, and for other purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘NO LIMITS Act of 4
2024’’. 5
SEC. 2. FINDINGS; SENSE OF CONGRESS. 6
(a) FINDINGS.—Congress finds the following: 7
(1) On September 30, 2022, the Office of For-8
eign Assets Control of the Department of the Treas-9
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ury designated People’s Republic of China entity 1
Sinno Electronics Co. Limited (Sinno) for providing 2
material support to the defense industrial base of 3
the Russian Federation. 4
(2) On January 26, 2023, the Office of Foreign 5
Assets Control of the Department of the Treasury 6
sanctioned People’s Republic of China entity 7
Changsha Tianyi Space Science and Technology Re-8
search Institute Co. LTD (Spacety China) for pro-9
viding material support to entities of the Russian 10
Federation involved in combat operations in 11
Ukraine. 12
(3) There is clear and increasing evidence that 13
People’s Republic of China entities continue to evade 14
United States sanctions to provide material support 15
to the defense and military industrial base of the 16
Russian Federation. 17
(4) Under Executive Order 13959 (85 Fed. 18
Reg. 73185; related to addressing the threat from 19
securities investments that finance Communist Chi-20
nese military companies), the President found that 21
the People’s Republic of China ‘‘increases the size of 22
the country’s military-industrial complex by compel-23
ling civilian Chinese companies to support its mili-24
tary and intelligence activities. Those companies, 25
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though remaining ostensibly private and civilian, di-1
rectly support the PRC’s military, intelligence, and 2
security apparatuses and aid in their development 3
and modernization.’’. 4
(5) Evidence of industrial support for the Rus-5
sian Federation by the People’s Republic of China, 6
combined with inherent blurred lines between the ci-7
vilian versus governmental defense apparatus in the 8
People’s Republic of China, requires new authorities 9
to protect the national security of the United States. 10
(b) SENSE OF CONGRESS.—It is the sense of Con-11
gress that the Russian Federation’s continued invasion of 12
Ukraine is directly enabled by the People’s Republic of 13
China. It is therefore time for the President to— 14
(1) more fully cut off financing avenues for 15
People’s Republic of China entities providing mate-16
riel support to the defense and related materiel sec-17
tor of the economy of the Russian Federation; 18
(2) more fully cut off financing avenues for 19
People’s Republic of China entities involved in mili-20
tary modernization activities; 21
(3) impose country-wide export control restric-22
tions on dual-use technology exported to the PRC 23
over concerns of diversion to the Russian Federa-24
tion; and 25
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(4) impose sanctions on PRC entities involved 1
in the export of weapons and dual-use technology to 2
the Russian Federation, including microelectronics, 3
aerospace, automobiles, among others. 4
SEC. 3. IMPOSITION OF SANCTIONS RELATING TO THE PEO-5
PLE’S REPUBLIC OF CHINA AND SUPPORT 6
FOR RUSSIAN INVASION OF UKRAINE. 7
(a) IN GENERAL.—On and after the date that is 90 8
days after the date of the enactment of this Act, the Presi-9
dent— 10
(1) may impose the sanction described in sub-11
section (c) with respect to a foreign person the 12
President determines— 13
(A) is located or headquartered within, or 14
is organized under the laws of, the People’s Re-15
public of China; and 16
(B) operates in the technology sector of 17
the economy of the Russian Federation, the de-18
fense and related materiel sector of such econ-19
omy, or any other sector of such economy as 20
may be determined by the Secretary of the 21
Treasury or the Secretary of State, as the case 22
may be; and 23
(2) may impose the sanction described in sub-24
section (c) with respect to a foreign person the 25
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