H.R. 6349, Preventing Adversaries from Developing Critical Capabilities Act
As ordered reported by the House Committee on Foreign Affairs on November 29, 2023
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
*
*
Revenues
*
*
*
Increase or Decrease (-) in the Deficit
*
*
*
Spending Subject to Appropriation (Outlays)
0
50
50
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
*
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
Yes, Under Threshold
* = between -$500,000 and $500,000.
Summary
H.R. 6349 would authorize the appropriation of $25 million annually for two years following enactment to monitor and restrict transactions with foreign entities that develop certain products in the semiconductor, hypersonic, and advanced-computing industries in countries that may use those technologies to threaten U.S. national security.
