Protecting American Business from Foreign Adversaries Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 18, 2022)
Protecting American Business from Foreign Adversaries Act of 2022
This bill requires specified companies and other entities associated with a foreign country to register an agent with the Department of Commerce for service of process (i.e., the legal process for notifying a defendant that legal action has been taken against them) in the United States.
Specifically, a corporation or other commercial entity conducting business in the United States must register an agent if the entity (1) is organized under the laws of, or has its principal place of business in, a foreign country; (2) has a majority of shares held by an individual or a group of individuals who reside in a foreign country; or (3) is owned by individuals or entities who reside in or are headquartered outside of the United States and the majority of the entity's earnings are derived from commerce outside of the United States.
What just happenedNov 1, 2022
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Who’s behind it
- Introduced in HouseFeb 18, 2022
- Nov 1, 2022Committee
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Courts, Intellectual Property, and the Internet Subcommittee - Feb 18, 2022IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Feb 18, 2022IntroReferralIntro-H
Introduced in House
- Feb 18, 2022IntroReferral1000
Introduced in House