HR 3802 · 116th Congress · Government Operations and Politics

American Business for American Companies Act of 2019

Introduced 2019-07-17· Sponsored by Rep. DeLauro, Rosa L. [D-CT-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Oversight and Reform, and in addition to the Committee on Armed Services, 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.(2019-07-17)

Plain Language Summary

[AI summary unavailable — showing source text] American Business for American Companies Act of 2019 This bill prohibits an executive agency from awarding a contract for the procurement of property or services (including a defense contract) to (1) any foreign incorporated entity determined to be an inverted domestic corporation or any subsidiary of such entity, or (2) any joint venture more than 10% of which is held by such an entity or subsidiary. An inverted domestic corporation is a company that was previously incorporated in the United States or was a partnership in the United States but is now incorporated in a foreign country despite (1) a majority of the company being owned by the owners of the former domestic entity, or (2) management of the company primarily occurring in the United States.…

Summarized by Claude AI · Non-partisan · For informational purposes only