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Turn OFF THE TAP Act

Source: Congress.gov  ·  688 words in original text
This bill stops the federal government from giving money to certain organizations that the United States has put on sanctions lists (official lists of entities banned or restricted by the government). The bill also prevents any organization that receives federal money from using that money to buy from, invest in, or do business with these banned entities.
Federal agencies, businesses and organizations that receive federal funds, and entities on various government sanctions lists maintained by the Treasury Department, Commerce Department, Federal Communications Commission and Defense Department.
• Executive agencies cannot sign new contracts with, renew existing contracts with, or extend contracts with covered entities (Sec. 2(a)) • No federal money given to any entity can be used by that entity to purchase goods or services from, invest in, enter into contract with, or otherwise provide funding to a covered entity (Sec. 2(b)) • "Covered entities" include organizations on the SDN list (Specially Designated Nationals and Blocked Persons list) maintained by the Treasury Department (Sec. 2(c)(1)(A)) • "Covered entities" include Chinese military-industrial companies on lists maintained by the Treasury Department or Defense Department (Sec. 2(c)(1)(B) and (C)) • "Covered entities" include any organization owned or controlled by entities described above (Sec. 2(c)(1)(F))
Federal agencies will no longer be able to do business with organizations on specified government sanctions lists. Organizations receiving federal money will be prohibited from using that money to conduct business with sanctioned entities.
"Covered entity" means any organization listed on the Treasury Department's SDN list, the Non-SDN Chinese Military-Industrial Complex Companies List, Chinese military company lists from the Defense Department, the Commerce Department's Entity List, or the Federal Communications Commission's communications equipment and services list, plus any entity owned or controlled by these organizations.
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.