S. 4586: Blocking CCP Spy Tech Act of 2026
The proposed bill, known as the Blocking CCP Spy Tech Act of 2026, aims to assess the national security risks associated with certain communications equipment and services that may be produced or provided by specific entities. Below is a summary of key aspects of the bill:
National Security Risk Assessment
The bill mandates that within one year after its enactment, an appropriate national security agency will evaluate whether specific communications equipment and services, as defined in the legislation, pose an unacceptable risk to U.S. national security and the safety of individuals residing in the country.
Entities Under Review
The equipment and services subject to this review are those supplied by the following companies:
- Game Science Interactive Co., Ltd.
- Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. (known as DeepSeek)
- Hangzhou Yushu Technology Co., Ltd. (known as Unitree Robotics)
- Hangzhou Yunshenchu Technology Co., Ltd. (known as DEEP Robotics)
- BrainCo, Inc.
- Manycore Tech, Inc.
Procedure for Adding to Covered List
If the national security agency fails to complete its assessment in the specified timeframe, the communications equipment and services from the listed companies will automatically be added to a "covered list." On the other hand:
- If the agency determines that a particular piece of equipment or service poses an unacceptable risk, it will be added to this list, and relevant congressional committees will be informed.
- If it is determined that there is no significant risk, the agency must submit a report, and further reviews by other national security agencies will be conducted.
Definitions and Committees
The bill outlines definitions for key terms such as "appropriate congressional committees" and "covered list," establishing the various committees involved in oversight and reporting.
Chinese Military Companies Review
The bill also involves an annual review by the Secretary of Defense to determine if any of the entities listed should be classified as Chinese military companies operating within the U.S., based on existing national defense legislation.
Relevant Companies
- GS - Goldman Sachs Group, Inc.: Financial services might be impacted due to technology partnerships or investments related to assessed companies.
- TXG - 10X Genomics, Inc.: Could be affected by shifts in biotech partnerships and technology sharing agreements linked to the entities listed.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
2 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| May. 20, 2026 | Introduced in Senate |
| May. 20, 2026 | Read twice and referred to the Select Committee on Intelligence. |
Corporate Lobbying
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