Economic Espionage Prevention Act
Latest Action
Motion to reconsider laid on the table Agreed to without objection.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™The Economic Espionage Prevention Act (H.R. 8361) from the 118th Congress is a legislative proposal focused on addressing issues related to economic espionage, which typically involves the theft or misappropriation of trade secrets and proprietary economic information. The bill falls under the policy area of International Affairs and aims to enhance protections against economic espionage activities. However, the official summary and full bill text are not available, limiting detailed analysis of its specific provisions. The latest recorded action was a motion to reconsider that was laid on the table and agreed to without objection, and the bill's status is noted as failed or expired as of September 9, 2024.
H.R. 8361 sought to address economic espionage within the scope of international affairs but did not advance past initial legislative consideration and is currently failed or expired.
- The bill is titled the Economic Espionage Prevention Act and was introduced in the House during the 118th Congress.
- It is categorized under the policy area of International Affairs, indicating a focus on cross-border economic security issues.
- The latest legislative action was procedural, involving a motion to reconsider that was laid on the table without objection, and the bill did not progress further.
['Businesses and industries vulnerable to economic espionage, such as technology, manufacturing, and research sectors.', 'Federal agencies involved in national security and economic protection, potentially including the Department of Justice and intelligence agencies.', 'International trade partners and entities concerned with protecting trade secrets and proprietary economic information.']
['Lack of available full text and summary limits understanding of enforcement mechanisms and scope, which may affect implementation clarity.', 'Potential challenges in balancing international cooperation and domestic enforcement within the international affairs context.', 'Unclear cost implications and resource requirements for agencies tasked with enforcement and oversight.']
The bill was introduced in the House during the 118th Congress and did not advance beyond a procedural motion to reconsider, which was laid on the table without objection. Its failure or expiration indicates it did not receive sufficient legislative support or priority to move forward. The focus on economic espionage aligns with ongoing congressional interest in protecting U.S. economic interests from foreign and domestic threats.
Hidden impact flags detected: 1
GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['If enacted, the bill could lead to increased legal and regulatory scrutiny on businesses handling sensitive economic information, potentially affecting compliance costs.', 'Enhanced protections against economic espionage might influence international trade relations and cooperation on intellectual property enforcement.', 'Federal agencies may require additional resources or coordination mechanisms to effectively enforce new provisions.']
Transparency is limited due to the absence of the full bill text and official summary, which restricts public and oversight understanding of the bill's specific measures and enforcement provisions. The procedural nature of the latest action and the bill's failed or expired status highlight the importance of tracking legislative progress and ensuring access to complete legislative documents for effective government transparency.
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