As used in this chapter, "prohibited person" includes:

1. (1) an individual who is a citizen of a foreign adversary (as defined in 15 CFR 791.4); or

2. (2) a business entity that is:

   1. (A) wholly owned by, or the majority of stock or other ownership interest of the business entity is held or controlled by:

      1. (i) individuals who are citizens of a foreign adversary (as defined in 15 CFR 791.4); or
      2. (ii) a business entity or another entity, including a governmental entity, that is owned or controlled by citizens of, or is directly controlled by the government of, a foreign adversary (as defined in 15 CFR 791.4); or

   2. (B) headquartered in a foreign adversary (as defined in 15 CFR 791.4).

      The term, as used in subdivisions (1) and (2)(A)(i), does not include an individual who holds dual citizenship with a foreign adversary (as defined in 15 CFR 791.4) and the United States or an individual who is a lawful permanent resident of the United States.

As added by P.L.168-2024, SEC.4. Amended by P.L.116-2025, SEC.6.