S. 5050 · 117th Congress · Senate

Defending Memory Chip Supply Chains from the Chinese Communist Party Act

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Sep 29, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. SEP 29, 2022IntroReferral

    Introduced in Senate

  2. SEP 29, 2022IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Sep 29, 2022

Active