H.R. 1398, Protect America’s Innovation and Economic Security from CCP Act of 2024
As ordered reported by the House Committee on the Judiciary on May 22, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
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?
No
* = between zero and $500,000.
Summary
H.R. 1398 would require the Department of Justice (DOJ) to establish a program to counter espionage, theft of intellectual property and trade secrets, and threats to critical infrastructure posed by the Chinese government. The bill also would require DOJ to report to the Congress annually on the program’s activities. The bill’s requirements would expire six years after enactment.
Based on the costs of similar activities, CBO estimates that implementing H.R. 1398 would cost less than $500,000 over the 2024-2029 period, primarily to comply with the bill’s reporting requirements. Any related spending would be subject to the availability of appropriated funds. Because DOJ already addresses threats posed by the Chinese government, CBO estimates that the cost of implementing those provisions would be insignificant.
