1. Short title This Act may be cited as the Manufacturing, Investment, and Controls Review for Computer Hardware, Intellectual Property, and Supply Act of 2019 or the MICROCHIPS Act of 2019 . 2. Findings and sense of Congress (a) Findings Congress makes the following findings: (1) Fifth generation telecommunications technology (commonly referred to as 5G ), as well as other emerging technologies, will revolutionize the technology industry, becoming a vital part of day-to-day business and life, and requires secure supply chains for the national security of the United States. (2) An insecure supply chain for products supplied to the United States Government can lead to a degradation of critical infrastructure and technology items that are essential to the defense of the United States. (3) The United States Government confronts adversaries who seek to offset the military strength of the United States through asymmetric, nonkinetic actions that compromise and neutralize the decision-making systems, processes, and warfighting capabilities of the United States. (4) These adversaries take advantage of the open and democratic system of the United States that prioritizes governmental transparency to connect citizens with the actions of the Government. (5) The National Defense Strategy identified Russia and China as primary strategic competitors of the United States. (6) Russia and China seek to steal sensitive defense information from the United States through the use of blended espionage operations in the supply chain, supply chain activities, and cyberspace, and through insider threat human actors. (7) The actions of Russia and China go well beyond theft of critical military technology, threatening the integrity and readiness of information and weapons systems and potentially enabling key elements of the strategies of an adversary to defeat the Armed Forces of the United States across the spectrum of conflict. (8) According to some estimates, cybersecurity spending in the United States from 2017 to 2021 will exceed