US HB2167 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on April 9 2019 - 25% progression, died in committee
Action: 2019-05-15 - Referred to the Subcommittee on Immigration and Citizenship.
Pending: House Subcommittee on Immigration and Citizenship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Protecting United States Businesses Abroad Act

Sponsors


History

DateChamberAction
2019-05-15HouseReferred to the Subcommittee on Immigration and Citizenship.
2019-04-10HouseSponsor introductory remarks on measure. (CR H3240)
2019-04-09HouseReferred 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.
2019-04-09HouseReferred 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.
2019-04-09HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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