Section 1. Short title
This Act may be cited as the Stop PRC Economic Espionage Act of 2026.
Section 2. Definition of foreign instrumentality for purposes of economic espionage prohibition
Section 1839(1) of title 18, United States Code, is amended—
(1) by striking that is substantially owned and inserting the following: “that is—
(A) substantially owned; and
(2) by adding at the end the following: “or
(B) domiciled in a covered nation, as defined in section 4872 of title 10;.