Stop PRC Economic Espionage Act of 2026

This bill changes the federal economic espionage law in title 18 of the U.S. Code. It expands the definition of "foreign instrumentality" to include any entity domiciled in a "covered nation" as defined in section 4872 of title 10. Under current law, a foreign instrumentality is an entity substantially owned, controlled, sponsored, commanded, managed, or dominated by a foreign government. The change means that stealing trade secrets to benefit a company based in a covered nation could be treated as economic espionage under federal law.

Full text and official record on Congress.gov

Sponsors

• John Cornyn Republican sponsor
• 1 cosponsors