As ordered reported by the House Committee on Foreign Affairs on May 16, 2024
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)
*
*
*
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
< $2.5 billion
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. 8361 would authorize the Administration to impose sanctions on foreign persons and entities that knowingly: • Engage in theft of U.S. trade secrets or intellectual property; • Provide material support or services to defense and intelligence sectors of foreign adversaries of the U.S.; or • Violate U.S. export control laws.