US SB1754

Prohibits federal agencies, universities, research institutions, and private companies receiving federal funding from engaging in scientific research or technical exchanges with designated Chinese entities of concern in dual-use technology areas including quantum computing, semiconductors, AI, biotechnology, 5G, aerospace, and advanced nuclear technology

Defines "Chinese entities of concern" as universities linked to the People's Liberation Army (including the "Seven Sons of National Defense"), state-owned enterprises, private companies with military production licenses or PLA subcontracting history, and entities on the Treasury Department's Chinese Military-Industrial Complex Companies List

Requires the Secretary of Defense to establish and update at least twice yearly a public website listing prohibited research areas and Chinese entities of concern, considering the 280+ fields China has designated as having "national defense characteristics"

Mandates annual reporting by covered entities to the Secretary of Defense disclosing any research relationships with Chinese entities of concern, including those considered but declined or terminated

Enforces compliance by permanently revoking federal financial assistance from any institution or company that violates the prohibitions or reporting requirements