; (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; and (D) was, subsequent to such denial, removed by the Secretary of Commerce from the List of Denied Persons maintained by the Bureau of Industry and Security of the Department of Commerce upon the restoration of such privileges. . 5. Export privileges eligibility (a) In general Beginning on and after the date that is 180 days after the date of enactment of this Act, a covered entity may only be eligible for export privileges if such covered entity— (1) certifies to the Attorney General that such covered entity— (A) with respect to patents in use by the covered entity, has entered into license agreements with the United States persons that own such patents; (B) will abide by the laws of the United States; and (C) will not engage in cyber espionage, or the theft or misappropriation of intellectual property or trade secrets, on behalf of themselves or a state actor; and (2) maintains an export eligibility account in accordance with subsection (b). (b) Export eligibility accounts (1) Establishment The Secretary of the Treasury, at the request of a covered entity, shall establish and manage an export eligibility account for the covered entity in accordance with this subsection. (2) Account balance To establish eligibility for export privileges under subsection (a), an account established under paragraph (1) shall— (A) at the time such account is established, include an amount equal to $2,500,000,000 provided by the covered entity; (B) have a balance accessible only— (i) by the Secretary of the Treasury for payments described in paragraph (3); 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)