The bill is like a new rule that says if a company doesn't share how much things cost when the government asks, the government has to make a note about that company in its big notebook. This is to help everyone see which companies are sharing prices and which aren't.

The FORTIFY United States Research Act is like a safety rule that says the U.S. shouldn't team up with certain countries to do science projects that might help build big tools for defense or security because it could be risky. It also says there should be a list of these risky projects and that people need to be careful when sharing important science secrets.