; or (B) an entity organized under the laws of the United States or of any jurisdiction within the United States, including any foreign branch of such an entity. 102. Sanctions with respect to Communist Chinese military and surveillance companies (a) In general Not later than 180 days after the date of the enactment of this Act, the President shall impose the sanctions described in subsection (e) with respect to any foreign person determined by the Secretary of the Treasury, in consultation with the Secretary of State and, as the Secretary of the Treasury determines appropriate, the Secretary of Defense, to knowingly engage in significant operations in the defense and related materiel sector or the surveillance technology sector of the economy of the People’s Republic of China. (b) Annual determination and report Not less frequently than annually, the Secretary of the Treasury shall— (1) undertake the determination described under subsection (a) with respect to foreign persons listed in the Annex to Executive Order 14032 (as amended by any revision to such Annex); and (2) submit a report explaining the results of the determination to the appropriate congressional committees. (c) Assessment For the purpose of making the determination described under subsection (a), the Secretary of the Treasury, in consultation with the Secretary of State, the Secretary of Commerce, and the Secretary of Defense, shall— (1) assess whether, under existing authorities, sanctions should be imposed with respect to the activities of— (A) foreign persons listed on the Military End User List (Supplement No. 7 to part 744 of the Export Administration Regulations) that are located in the People’s Republic of China; (B) foreign persons listed by the Department of Commerce on the Denied Persons List or the Entity List (Supplement No. 4 to part 744 of the Export Administration Regulations) that are located in the People’s Republic of China