HR 2167 116th Congress House International Affairs Business ethics Congressional oversight Crimes against property Criminal investigation, prosecution, interrogation Fraud offenses and financial crimes Government ethics and transparency, public corruption Intergovernmental relations Sanctions U.S. and foreign investments Visas and passports

Protecting United States Businesses Abroad Act

Introduced: April 9, 2019 Introduced by: Curtis, John R. Republican · Utah See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 15, 2019

Referred to the Subcommittee on Immigration and Citizenship.

Apr 10, 2019

Sponsor introductory remarks on measure. (CR H3240)

Apr 9, 2019

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.

Apr 9, 2019

Introduced in House

Plain-English summary Congressional Research Service

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's happening now May 15, 2019

Referred to the Subcommittee on Immigration and Citizenship.

Committees of jurisdiction 3