Protecting United States Businesses Abroad Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 9, 2019)
Protecting United States Businesses Abroad Act
This bill authorizes the President to impose visa-blocking sanctions on foreign individuals or entities that engage in certain forms of corruption, expropriation, or extortion to the detriment of a U.S. person or entity that has made an investment in a foreign country. Some of the actions subject to sanctions include (1) using state authority to extort payments from or intimidate such a U.S. investor, (2) expropriating the assets of a U.S. investor without just compensation, and (3) engaging in extortion or threatening force against a U.S. investor.
The President shall report to Congress on sanctions imposed under this bill.
The Department of State shall develop and report to Congress a strategy to coordinate U.S. government efforts to protect such U.S. investors from corruption.
What just happenedMay 15, 2019
Referred to the Subcommittee on Immigration and Citizenship.
Who’s behind it
- Introduced in HouseApr 9, 2019
- May 15, 2019Committee
Referred to the Subcommittee on Immigration and Citizenship.
Immigration Integrity, Security, and Enforcement Subcommittee - Apr 10, 2019IntroReferralB00100
Sponsor introductory remarks on measure. (CR H3240)
- Apr 9, 2019IntroReferralH11100
Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Judiciary Committee - Apr 9, 2019IntroReferralH11100
Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Foreign Affairs Committee - Apr 9, 2019IntroReferralIntro-H
Introduced in House
- Apr 9, 2019IntroReferral1000
Introduced in House