S. 5024 explained · 119th Congress · Pending in Congress
Stop PRC Economic Espionage Act of 2026
Cosponsors: 1 (0 D, 1 R) · per Congress.gov, 2026-10-14
Introduced: 2026-07-16
Latest action (2026-07-16): Read twice and referred to the Committee on the Judiciary.
What S. 5024 does, in plain terms
The Congressional Research Service has not published a summary of S. 5024 yet. Its official title: “Stop PRC Economic Espionage Act of 2026”.
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What should pass
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Economic Espionage Adversarial Entity Designation Act of 2025
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To simplify the prosecution of economic espionage under 18 U.S.C. § 1831 by automatically treating any entity that is domiciled in a foreign adversary country as a 'foreign instrumentality' of that country, eliminating the need to prove a direct government connection in each case.
Bipartisan rationale: Democratic priorities: preserves due process by allowing a rebuttable presumption and judicial review of designations, preventing overbroad criminal liability. Requires annual reporting to Congress for transparency. Republican priorities: strengthens national security by making it easier to prosecute economic espionage from adversary countries without requiring direct proof of government control in every case; provides a clear statutory tool for prosecutors. The balance of a rebuttable presumption and designation authority satisfies both the rule-of-law concerns of Democrats and the enforcement needs of Republicans.
Article I, Section 8, Clause 3 Article I, Section 8, Clause 18 Amendment V Amendment X
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