Ownership and control requirement

(a) In general A manufacturer may not qualify as a qualified domestic manufacturer under this Act unless the manufacturer is majority-owned and controlled by United States persons. (b) Foreign influence prohibition A manufacturer may not qualify as a qualified domestic manufacturer if the manufacturer is owned, controlled, or subject to significant influence, directly or indirectly, by a foreign entity of concern, including through— (1) a parent company, subsidiary, affiliate, or holding company; (2) a joint venture or partnership; (3) a contractual arrangement that gives a foreign entity effective control over production, pricing, supply, intellectual property, or operations; (4) a financing arrangement that creates material foreign influence over the manufacturer; (5) a technology licensing arrangement that creates material dependence on a foreign entity of concern; or (6) any other arrangement determined by the head of the covered agency to present a supply chain, national security, or domestic manufacturing risk.