H.R. 1032 is a bill aimed at stopping the use of Federal money from being spent on research conducted in China. The bill specifically prohibits any federal agency, including the Departments of Defense, Veterans Affairs, Energy, and others, from funding research that is done...
Simple Explanation
H.R. 1032 is a rule that says the US won't spend money on studies or inventions in China if those are done by the Chinese government or groups they control, to make sure they're not helping China instead of the US.