Protects U.S. Technology from Spying

This bill recognizes Alexander Creek, Incorporated, as an Alaska Native village corporation, subject to certain conditions, and Alexander Creek village as an Alaska Native village. Alexander Creek, Incorporated, must submit to the Department of the Interior any amendments to its state corporate charter that are necessary to convert from a group corporation to a village corporation. The bill requires Interior to offer to enter into negotiations with Alexander Creek, Incorporated, to settle aboriginal land claims and any other claims against the United States. As a condition of recognition as a village corporation, Alexander Creek, Incorporated must enter into such an agreement with Interior no later than 13 months after this bill's enactment. Alexander Creek, Incorporated, must notify its members that (1) they will cease to receive benefits from Cook Inlet Region, Incorporated, individually as at-large shareholders, and (2) all future resource payments shall be retained by Alexander Creek, Incorporated.

1. This bill creates a program to prevent spying by the Chinese Communist Party on U.S. businesses and universities. 2. It focuses on identifying and prosecuting individuals involved in stealing trade secrets and hacking. 3. The program will also review foreign investments that may pose risks to U.S. businesses. 4. Resources will be dedicated specifically to this initiative, separate from other national security efforts. 5. An annual report will be submitted to Congress detailing the program's activities and findings.