This legislation aims to combat forced organ harvesting within the People's Republic of China by imposing sanctions on individuals and entities involved. The President is required to compile and regularly update a list of foreign persons knowingly engaged in or facilitating such practices. Once identified, these individuals and entities will face sanctions, including the blocking of their property and interests in the United States, and inadmissibility to the country. The bill defines forced organ harvesting as the removal of organs by coercion, abduction, deception, fraud, or abuse of power. It also mandates the Secretary of State to submit a detailed report on China's organ transplant policies, including an assessment of organ sources and the number of transplants. Exceptions to sanctions are provided for national security interests, humanitarian assistance, and the importation of goods. The authority to impose these sanctions is set to terminate five years after the bill's enactment.