Summary

Requires covered integrated circuit products to include specified chip security mechanisms before they can be exported, reexported, or transferred in‑country to foreign countries. Directs the Secretary of Commerce to set and enforce short deadlines for initial location‑verification and reporting, to study and potentially add more security features, and to report regularly to Congress on chip security methods. Establishes definitions for key terms, gives Commerce authority to track and verify compliance, and requires privacy and confidentiality protections when implementing secondary requirements for chip security and verification.

Key Points

• Requires specified chip security mechanisms on certain integrated circuit products before export, reexport, or in‑country transfer to foreign countries.
• Defines key statutory terms and adopts export-related definitions from the Export Control Reform Act; makes the Secretary of Commerce the implementing official.
• Imposes short deadlines for initial location‑verification and reporting requirements tied to covered chip exports/transfers.
• Directs Commerce to study additional security mechanisms and authorizes the agency to expand technical requirements where appropriate.
• Provides enforcement and verification authority to the Secretary to track and confirm compliance with chip security requirements.
• Requires Congress to receive regular reports on new chip security techniques, implementation status, and potential expansions.
• Specifies that privacy and confidentiality must be prioritized when designing secondary reporting or verification procedures.
• Does not authorize new spending or specify funding sources in the text provided.

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