On July 2, 2024, U.S. Representative Young Kim (CA-40), Chairwoman of the House Foreign Affairs Subcommittee on the Indo-Pacific, and Select Committee on the Chinese Communist Party Chairman John Moolenaar (MI-02) introduced the Protecting American Innovation and Development (PAID) Act. The legislation aims to hold foreign adversaries accountable for stealing American intellectual property (IP), violating laws, and undermining U.S. businesses, national security, and global competitiveness.