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S. 5050

BillFederalSenateIn Committee
To impose sanctions on certain foreign flash memory integrated circuit companies that threaten the interests of the United States.
About This Bill
Committee
Latest Action · September 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
117th (2021–2023)
Introduced
September 29, 2022
Cosponsors (0)
None
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Summary

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Defending Memory Chip Supply Chains from the Chinese Communist Party Act This bill requires the President to impose sanctions on entities that produce flash memory integrated circuits of at least 128 layers and that have financial links to countries of concern. The bill also requires sanctions on the Yangtze Memory Technologies Corporation.

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