This legislation establishes a stringent two-tiered approval process for exporting advanced artificial intelligence semiconductors to the People's Republic of China. No such export, reexport, or transfer can occur without both the Secretary of Commerce's approval and a subsequent joint resolution enacted by Congress. The executive branch approval involves an interagency review by the Secretaries of Commerce, Defense, Energy, State, and the Director of National Intelligence. This review must consider factors such as potential impacts on U.S. national security and technological leadership, the risk of enabling military applications or human rights abuses by China, and the economic impact on U.S. companies. Following executive approval, the Secretary of Commerce must submit a detailed report to Congress within 30 days. Congress then has the authority to approve or deny the transaction through a specific joint resolution . The bill defines "advanced AI semiconductor" using specific technical thresholds for processing performance, DRAM bandwidth, and interconnect bandwidth. It also includes exceptions for humanitarian purposes, U.S. diplomatic operations, and the repair or replacement of previously exported chips, and is set to expire three years after its enactment.