; and (ii) by the covered entity— (I) upon closure of the account; and (II) for purposes of making deposits to maintain the account in accordance with subparagraph (C); and (C) at all times after establishment, include a minimum of $600,000,000. (3) Use of account Amounts in an account established under paragraph (1) may be used by the Secretary of the Treasury for payments— (A) made to a United States person; and (B) that— (i) relate to final judgments in a patent infringement action against the applicable covered entity (including interest, attorney’s fees, and any other costs specified in such judgments); and (ii) the covered entity failed to make. (4) Certification The Attorney General, in consultation with the Secretary of the Treasury and the Secretary of Commerce, shall review and certify the account status of covered entities for purposes of eligibility for export privileges at least once every 7 years. (5) Notification The Attorney General shall notify United States Customs and Border Protection and the Bureau of Industry and Security of the Department of Commerce of the identities of covered entities without an account providing eligibility for export privileges. (c) Definitions In this section: (1) Covered entity The term covered entity means an entity (or subsidiary or affiliate thereof) that— (A) is providing or producing telecommunications, software, or electronics equipment; (B) has a headquarters or a principal place of business located in a region administered or governed by the People’s Republic of China (excluding Taiwan); (C) was, on or after March 8, 2016, denied export privileges