• S.866 American Innovation and Jobs Act - This bill revises and expands the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures. It also allows the amortization over a period of at least 60 months of certain other types of research and experimental expenditures not treated as expenses. The bill increases the maximum amount eligible for the tax credit for new and small businesses and increases to 20% the rate of the credit for business startups. It was introduced on March 16th, 2023 by Senator Hasan (D-NH) Senate Committee on Finance. S.866 - 118th Congress (2023-2024): American Innovation and Jobs Act | Congress.gov | Library of Congress.

• S.686 RESTRICT Act - This bill requires federal actions to identify and mitigate foreign threats to information and communications technology (ICT) products and services (e.g., social media applications). It also establishes civil and criminal penalties for violations under the bill.Specifically, the Department of Commerce must identify, deter, disrupt, prevent, prohibit, investigate, and mitigate transactions involving ICT products and services (1) in which any foreign adversary (such as China) has any interest, and (2) that pose an undue or unacceptable risk to U.S. national security or the safety of U.S. persons. Additionally, Commerce must identify and refer to the President any covered holding (e.g., stock or security) that poses an undue or unacceptable risk to U.S. national security or the security and safety of U.S. persons. If the President determines that the holding poses such a risk, the President may compel divestment of or otherwise mitigate the risk associated with the holding. Commerce may (1) designate any foreign government or regime as a foreign adversary upon a determination that the foreign government or regime is engaged in a long-term pattern or serious instances of conduct significantly adverse to U.S. national security or the security and safety of U.S. persons,  and (2) remove such a designation. Commerce must notify Congress before making or removing a designation; these actions are subject to congressional disapproval. It was introduced on March 7th, 2023 by Senator Warner (D-VA). S.686 - 118th Congress (2023-2024): RESTRICT Act | Congress.gov | Library of Congress.

• H.R.5923 Iran-China Energy Sanctions Act - This bill requires the President to periodically determine whether any Chinese financial institution has engaged in the purchase of petroleum or petroleum products from Iran. U.S. financial institutions shall not open or maintain certain accounts with such Chinese financial institutions. It was introduced by Representative Lawler (R-NY-17) on October 11th, 2023 in the House Financial Services Committee. H.R.5923 - 118th Congress (2023-2024): Iran-China Energy Sanctions Act of 2023 | Congress.gov | Library of Congress.

• S.3461 Iran China Accountability Act - This bill aims to impose certain requirements relating to the renegotiation or reentry into the Joint Comprehensive Plan of Action or other agreement relating to Iran’s nuclear program, and for other purposes. It was introduced by Senator Blackburn (R-TN) on December 11th, 2023 in the Senate Committee on Foreign Relations. Actions - S.3461- 118th Congress (2023-2024): End Iranian Terrorism Act of 2024 | Congress.gov | Library of Congress.

• S.3235 End Iranian Terrorism Act - This bill aims to require a strategy to counter the role of the People's Republic of China in evasion of sanctions imposed by the United States with respect to Iran, and for other purposes. It was introduced by Senator Risch (R-ID) on November 7th, 2023 in the Senate Committee on Foreign Relations. Text - S.3235 - 118th Congress (2023-2024): End Iranian Terrorism Act of 2024 | Congress.gov | Library of Congress.

• H.R.3152 Fight CRIME Act - This bill imposes sanctions pertaining to Iran's missile program.The President must impose visa- and property-blocking sanctions on foreign persons (i.e., foreign individuals, entities, and states) that are knowingly involved with Iran or Iran-aligned entities in certain missile-related activities, such as (1) acquiring, possessing, developing, transporting, transferring, or deploying missiles or related items and technology that are covered by the Missile Technology Control Regime (MTCR), or (2) developing missile or drone technologies. (The MTCR is an informal political understanding among states that seek to limit missile proliferation.) The President must also impose sanctions on (1) certain adult family members of those who are subject to the sanctions discussed above, and (2) foreign persons who knowingly provide significant support to or engage in a significant transaction with those subject to the sanctions discussed above. The bill also requires the Department of State to report to Congress on various topics, including (1) a diplomatic strategy to renew international restrictions on certain missile-related activities set forth in Annex B of U.N. Security Council Resolution 2231, which concerns restrictions on arms transfers to and from Iran; (2) the identities of foreign persons engaging in restricted activity under Annex B; and (3) an analysis of the foreign and domestic supply chains that facilitate Iran's missile or drone programs. It was introduced by Representative McCaul (R-TX-10) on May 9th, 2023 in the House Committee on Foreign Affairs. Actions - H.R. 3152 - 118th Congress (2023-2024): Fight CRIME Act | Congress.gov | Library of Congress.

• H.R.5565 Build Responsible Infrastructure Development for Global Economy Act - To require a report regarding the scope of efforts by the People’s Republic of China and Chinese Communist Party to utilize the Belt and Road Initiative to undermine the United States-led international world order and a detailed strategy regarding how the United States Government intends to counter such Initiative, and for other purposes. It was introduced by Representative Fitzgerald (R-WI-5) on September 19th, 2023 in the House Committee on Foreign Affairs. Text - H.R.5565 - 118th Congress (2023-2024): BRIDGE Act | Congress.gov | Library of Congress.

• H.R.5245 Science and Technology Agreement Enhanced Congressional Notification Act of 2023 - Aim to amend the State Department Basic Authorities Act of 1956 to require certain congressional notification prior to entering into, renewing, or extending a science and technology agreement with the People’s Republic of China, and for other purposes. It was introduced by Representative Barr (R-KY-6) on August 22nd, 2023 in the House Committee on Foreign Affairs. Actions - H.R. 5245 - 118th Congress (2023-2024): Science and Technology Agreement Enhanced Congressional Notification Act of 2023 | Congress.gov | Library of Congress.