Control of export of covered national interest technology and Intellectual property to People's Republic of China

(a) In general On and after the date that is 180 days after the date of the enactment of this Act, the President shall control the export or re-export to, or transfer in, the People's Republic of China of any covered national interest technology or intellectual property subject to the jurisdiction of the United States or exported by any United States person. (b) Report required Not later than 90 days after the date of the enactment of this Act, the Secretary of State and the Secretary of Commerce shall jointly submit to Congress a report assessing whether covered national interest technology or intellectual property should be controlled as required by subsection (a) under— (1) the International Traffic in Arms Regulations under subchapter M of chapter I of title 22, Code of Federal Regulations; or (2) the Export Administration Regulations under subchapter C of chapter VII of title 15, Code of Federal Regulations. (c) Regulations Not later than 180 days after the date of the enactment of this Act, the President shall prescribe such regulations as are necessary to carry out subsection (a).