This legislation aims to strengthen export controls by requiring the Secretary of Commerce to apply licensing requirements under the Export Control Reform Act of 2018 to affiliates. Specifically, these requirements will extend to any entity owned 50 percent or more , directly or indirectly, by an entity already listed on the Entity List or the Military End User List. This measure seeks to prevent circumvention of existing export restrictions through corporate structures. Before adding an entity to either the Entity List or Military End User List, the Secretary of Commerce must conduct an assessment to determine if applying the Foreign Direct Product Rule would advance U.S. national security or foreign policy interests. Congress must be notified of this assessment within two days of an entity being added. The Secretary is also authorized to grant case-by-case waivers from these licensing requirements if determined to be in the national security interest of the United States, provided that Congress receives a detailed explanation for each waiver within two days of its issuance.