; and (ii) the Russian Federation. (C) Covered person The term covered person means— (i) an individual who is a citizen or national of a covered country; or (ii) an entity organized under the laws of a covered country or otherwise subject to the jurisdiction of the government of a covered country. . 3. Export control treatment of subsidiaries of entities on the Entity List (a) In general Not later than 30 days after the date of the enactment of this Act, the Secretary of Commerce shall revise part 744 of title 15, Code of Federal Regulations, to ensure that the same requirements and restrictions that apply to an entity on the Entity List apply to an entity owned or controlled by an entity on the Entity List, including an entity— (1) 50 percent or more of the ownership interest in which is held in the aggregate, directly or indirectly, by one or more entities on the Entity List; or (2) that the Secretary of Commerce considers to have an interest in all property and interests in property of an entity in which 50 percent or more of the ownership interest is held in the aggregate, directly or indirectly, by one or more entities on the Entity List. (b) Entity list defined In this section, the term Entity List means the list maintained by the Bureau of Industry and Security of the Department of Commerce and set forth in Supplement No. 4 to part 744 of title 15, Code of Federal Regulations.