H.R. 2167 · 116th Congress
Protecting United States Businesses Abroad Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CurtisSponsor14 cosponsors · 8 D, 6 R
R
McCaul
TM
D
Malinowski
TY
R
Yoho
SW
R
Watkins
MM
R
Mullin
DP
D
Phillips
SC
D
Cohen
SJ
D
Jackson Lee
DC
D
Cicilline
TL
D
Lieu
BF
R
Fitzpatrick
CA
D
Allred
DC
R
Crenshaw
MV
D
Veasey1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protecting United States Businesses Abroad Act
Latest action (May 15, 2019): Referred to the Subcommittee on Immigration and Citizenship.
Policy area: International Affairs · Origin: House · Introduced: Apr 9, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.