1. Short title This Act may be cited as the Averting the National Threat of Internet Surveillance, Oppressive Censorship and Influence, and Algorithmic Learning by the Chinese Communist Party Act or the ANTI-SOCIAL CCP Act . 2. Protecting Americans from social media companies controlled by countries of concern (a) Prohibited commercial transactions On and after the date that is 30 days after the date of the enactment of this Act, the President shall exercise all the powers granted to the President under the International Emergency Economic Powers Act (50 U.S.C. 1701 et. seq.) to the extent necessary to block and prohibit all transactions in all property and interests in property of a social media company described in subsection (b) if such property and interests in property— (1) are in the United States or come within the United States; or (2) to the extent necessary to prevent commercial operation of the social media company in the United States, are or come within the possession or control of a United States person. (b) Social media company described (1) In general A social media company described in this subsection is a social media company that meets one or more of the following conditions: (A) The company is domiciled in, headquartered in, has its principal place of business in, or is organized under the laws of a country of concern. (B) A country of concern, entity of concern, or some combination thereof, directly or indirectly owns, controls with the ability to decide important matters, or holds with power to vote, 20 percent or more of the outstanding voting stock or shares of the company. (C) The company employs software or algorithms controlled or whose export is restricted by a country of concern or entity of concern. (D) The company is subject to substantial influence, directly or indirectly, from a country of concern or entity of concern owing to which— (i) the company shares or could be compelled to share data on United States citizens with a country of concern or entity of concern