This amendment ensures that Chinese military companies are included as foreign entities of concern for the purposes of this bill, which would subject such companies to a strict zero- dollar threshold for gifts and contracts. The section 1260H list was established in the FY 2021 National Defense Authorization Act and has since been used as a blacklist for Chinese military companies that are directly or indirectly owned, controlled, or beneficially owned by the People's Liberation Army or the Central Military Commission of the Chinese Communist Party. Needless to say, these companies aren't here to be our friends. They hate us, and they want to harm us. They are here to steal our technology and advance China's military modernization efforts. Even so, there are going to be colleges in this country that get so captivated by a dollar figure that they would salivate at the chance to work with our enemies. Some of America's most sensitive property is housed or developed at our universities, and if there is a whiff of partnership between the institution of higher education and a Chinese military company, the American people deserve to know the details of every last gift and contract. Mr. Chair, I reserve the balance of my time.
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