1. Short title This Act may be cited as the Anti-CCP Espionage via Social Media Act of 2023 or the ACES Act of 2023 . 2. Findings Congress makes the following findings: (1) TikTok engages in political censorship, including related to awareness of Uighur Muslim internment camps in China. (2) The U.S. government fined TikTok $5.7 million for illegally collecting children’s data. (3) TikTok’s Chinese parent company ByteDance has agreed to pay $92 million in a settlement to U.S. users who are part of a class-action lawsuit alleging that the video-sharing app failed to get their consent to collect data in violation of a strict Illinois biometric privacy law. (4) Chinese companies, such as TikTok, have no meaningful ability to tell the Chinese Communist Party no if officials request user data. (5) The presence of Chinese surveillance in applications such as TikTok raises U.S. national security concerns. 3. Statement of policy It is the policy of the United States to secure the information and communications technology and services supply chain and to counter the threat posed by mobile applications and software services developed and owned by foreign adversaries, specifically the People's Republic of China and the Chinese Communist Party, which continue to threaten the national security, foreign policy, and economy of the United States. 4. Codification of the Executive Order addressing the threat posed by tiktok (a) Executive Order 13942 of August 6, 2020 as in effect as of January 19, 2021, shall remain in effect and continue to apply. (b) Notwithstanding section 203(b) of the International Emergency Economic Powers Act, the President shall have the authority to implement Executive Order 13942. 5. Divestment of assets by ByteDance (a) In general ByteDance shall divest itself of— (1) any tangible or intangible assets or property, wherever located, used to enable or support ByteDance's operation of the TikTok application in the United States, as determined by CFIUS