US HB1468

Establishes the CCP Initiative within the DOJ National Security Division to counter Chinese Communist Party threats, including espionage targeting U.S. intellectual property, academic institutions, and the defense industrial base

Prioritizes prosecution of trade secret theft, hacking, and economic espionage while protecting critical infrastructure from foreign investment and supply chain threats

Requires investigation of investments by Chinese companies on the Commerce Department's Entity List or the Pentagon's PRC Military Companies list, including their subsidiaries

Mandates annual reports to Congress on the Initiative's progress, resource allocation, coordination effectiveness, and assessment of economic losses from CCP-related hacking and trade secret theft

Contains a 6-year sunset provision from the date of enactment and requires the Initiative to operate independently with dedicated resources separate from other DOJ nation-state threat programs