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Stop PRC Economic Espionage Act of 2026
To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage.
Summary
- Amends federal law to expand the definition of "foreign instrumentality" under economic espionage prohibitions to include entities domiciled in designated foreign adversary nations.
- Applies U.S. economic espionage prohibitions to entities based in covered nations in addition to entities substantially owned by foreign governments.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Cornyn, John [R-TX] (R-TX)
1 cosponsor
- Sen. Cotton, Tom [R-AR] (R-AR)
Money behind the sponsor
Top reported contributors to John Cornyn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- CAPITAL GROUP $22,500
- ANDREESSEN HOROWITZ $16,500
- PALANTIR TECHNOLOGIES $13,686
- WINKLEVOSS CAPITAL MANAGEMENT $13,200
- BLACKSTONE $12,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for John Cornyn → · Outside spending →
Actions (2)
- Jul 16, 2026 Read twice and referred to the Committee on the Judiciary. · senate
- Jul 16, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
July 16, 2026
Mr. Cornyn (for himself and Mr. Cotton) introduced the following bill; which was read twice and referred to the Committee on the Judiciary
A BILL
To amend title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Stop PRC Economic Espionage Act of 2026”.
SEC. 2. DEFINITION OF FOREIGN INSTRUMENTALITY FOR PURPOSES OF ECONOMIC ESPIONAGE PROHIBITION.
Section 1839(1) of title 18, United States Code, is amended—
(1) by striking “that is substantially owned” and inserting the following: “that is—
“(A) substantially owned”; and
(2) by adding at the end the following: “or
“(B) domiciled in a covered nation, as defined in section 4872 of title 10;”. <all>
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