Foreign And International Corporations

Federal
US Congress 116th Congress

VERDAD Act of 2019 Venezuela Emergency Relief, Democracy Assistance, and Development Act of 2019 [S.1025] [International ] [Human Rights ] [Energy ] [Trade ] [National Security ] [Funding ] [Grants ] [Economic Development ]
Directs the President to take various actions to address the political situation in Venezuela. (The United States does not recognize Nicolas Maduro as Venezuela's President due to reports of widespread fraud during his election, recognizing instead National Assembly President Juan Guaido.) The Department of State shall provide humanitarian aid to Venezuela and to Venezuelans in neighboring countries. The bill imposes sanctions on foreign persons responsible for or complicit in corruption or activity undermining Venezuela's democratic institutions. (continued...)

  

Sponsored by: Sen. Tim Kaine Committee On Foreign Relations. Reported By Senator Risch With An Amendment In The Nature Of A Substitute. Without Written Report. on 06/03/2019

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Federal
US Congress 116th Congress

SECURE IP Act of 2019 Sanction Entities in China for Undermining Rules, Exploiting Intellectual Property Act of 2019 [S.1092] [Trade ] [Technology and Innovation ] [International ] [National Security ] [Cybersecurity ] [Law Enforcement ] [Economic Development ]
Directs the President to publish a list identifying Chinese individuals and entities responsible for or involved in the misappropriation of intellectual property belonging to a U.S. individual or entity, if such infringement materially contributed to a significant threat to U.S. national security, foreign policy, or economic interests. The President shall impose property-blocking and visa denial sanctions on the Chinese individuals and entities on the list. The President may remove a person from the list if it is determined that the person has not (continued...)

  

Sponsored by: Sen. Ted Cruz Read Twice And Referred To The Committee On Foreign Relations. on 04/09/2019

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Federal
US Congress 116th Congress

Appalachian Energy for National Security Act [S.1064] [Energy ] [National Security ] [Economic Development ]
Directs the Department of Energy to conduct a study on the national security impacts of building ethane and other natural gas liquids petrochemical infrastructure in the vicinity of the Marcellus, Utica, and Rogersville shale plays located in the Appalachian region of the United States. The study must include an examination of the proposed infrastructure, including an identification of the potential benefits to national and economic security and the risks posed by foreign ownership and control of U.S. domestic petrochemical resources.

  

Sponsored by: Sen. Joe Manchin Committee On Energy And Natural Resources. Reported By Senator Murkowski Under Authority Of The Order Of The Senate Of 08/01/2019 With An Amendment. With Written Report No. 116-75. on 08/16/2019

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Federal
US Congress 116th Congress

Appalachian Energy for National Security Act [S.1064] [Energy ] [National Security ] [Economic Development ]
Directs the Department of Energy to conduct a study on the national security impacts of building ethane and other natural gas liquids petrochemical infrastructure in the vicinity of the Marcellus, Utica, and Rogersville shale plays located in the Appalachian region of the United States. The study must include an examination of the proposed infrastructure, including an identification of the potential benefits to national and economic security and the risks posed by foreign ownership and control of U.S. domestic petrochemical resources.

  

Sponsored by: Sen. Joe Manchin Committee On Energy And Natural Resources. Reported By Senator Murkowski Under Authority Of The Order Of The Senate Of 08/01/2019 With An Amendment. With Written Report No. 116-75. on 08/16/2019

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Federal
US Congress 116th Congress

Fentanyl Sanctions Act [S.1044] [Pharmaceuticals ] [International ] [National Security ] [Overdose Prevention ] [Public Health ] [Crime ]
Establishes programs to address illicit opioid trafficking and imposes sanctions on foreign individuals and entities involved in such activities. The President shall impose sanctions on foreign individuals and entities identified as opioid traffickers or those that own, control, or supply opioid precursors. The sanctions include bans on (1) receiving loans, (2) foreign exchange transactions, (3) property transactions, and (4) certain investments that fall under U.S. jurisdiction. The President may waive sanctions on certain parties for national (continued...)

  

Sponsored by: Sen. Dianne Feinstein Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 06/04/2019

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Federal
US Congress 116th Congress

To provide for restrictions on recently appointed Federal employees and recently separated Federal employees with respect to lobbying activities, and for other purposes. [HB-2101] [Ethics ] [Law Enforcement ] [National Security ]
Places restrictions on certain lobbying activities by recently separated and recently appointed federal employees. Specifically, the bill extends to two years the ban on certain senior personnel of the executive branch and independent agencies from lobbying the department or agency in which the person served. The bill also extends to five years the ban on certain senior personnel of the executive branch and independent agencies, including the Vice President, from lobbying any officer or employee of any department or agency in which such person served. (continued...)

  

Sponsored by: Rep. Henry C. Johnson Referred To The Subcommittee On The Constitution, Civil Rights, And Civil Liberties. on 05/15/2019

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Federal
US Congress 116th Congress

A concurrent resolution recognizing that Chinese telecommunications companies such as Huawei and ZTE pose serious threats to the national security of the United States and its allies. [SCR-10] [Telecommunications ] [National Security ] [Technology and Innovation ] [Cybersecurity ] [International ] [Defense ]
This concurrent resolution recognizes Chinese telecommunications companies, specifically Huawei and ZTE, as significant threats to national security. The resolution calls on the United States and its allies to limit the risks associated with use of these companies' products, primarily by identifying effective and reliable alternatives.

  

Sponsored by: Sen. Edward J. Markey Committee On Foreign Relations. Reported By Senator Risch With An Amendment In The Nature Of A Substitute And With An Amended Preamble. Without Written Report. on 07/09/2019

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Federal
US Congress 116th Congress

Iranian Revolutionary Guard Corps Economic Exclusion Act [S.925] [International ] [National Security ] [Trade ] [Human Rights ]
Expands sanctions and reporting requirements related to Iran's Revolutionary Guard Corps (IRGC), a branch of the Iranian armed forces that the Department of State has designated as a foreign terrorist organization. The President shall identify foreign persons and entities that have conducted one or more sensitive transactions or activities related to the IRGC as well as entities owned or controlled by the IRGC and impose property- and visa-blocking sanctions on them. The bill expands the definition of a "sensitive transaction or activity" to include (continued...)

  

Sponsored by: Sen. Susan M. Collins Read Twice And Referred To The Committee On Foreign Relations. on 03/28/2019

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Federal
US Congress 116th Congress

Holding Foreign Companies Accountable Act [S.945] [Finance ] [Trade ] [International ] [Cybersecurity ] [National Security ]
Requires certain issuers of securities to establish that they are not owned or controlled by a foreign government. Specifically, an issuer must make this certification if the Public Company Accounting Oversight Board is unable to audit specified reports because the issuer has retained a foreign public accounting firm not subject to inspection by the board. Furthermore, if the board is unable to inspect the issuer's public accounting firm for three consecutive years, the issuer's securities are banned from trade on a national exchange or through (continued...)

  

Sponsored by: Sen. Kevin Cramer Signed By President. on 12/18/2020

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Federal
US Congress 116th Congress

Protect our Elections Act [S.825] [Elections ] [Cybersecurity ] [Voting Rights ] [Data Privacy ] [Technology and Innovation ] [National Security ] [Public Safety ]
Protect our Elections Act requires each state or local government entity responsible for the administration of federal elections to ensure that each election service provider (i.e., contractor or vendor) is a qualified provider with regard to (1) the ownership and control of the provider, (2) the provider's compliance with cybersecurity best practices, and (3) the provider's reporting of its ownership and control. The bill requires the entity to annually evaluate each provider. It also specifies reporting requirements for providers, subject to civil (continued...)

  

Sponsored by: Sen. Susan M. Collins Read Twice And Referred To The Committee On Rules And Administration. on 03/14/2019

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Federal
US Congress 116th Congress

Transit Infrastructure Vehicle Security Act [S.846] [Transportation and Motor Vehicles ] [Cybersecurity ] [Technology and Innovation ] [Trade ] [Infrastructure ] [National Security ] [Public Safety ]
Prohibits the awarding of a contract to an entity for the procurement of rolling stock for use in public transportation if the manufacturer of the rolling stock is (1) incorporated or has manufacturing facilities in the United States; and (2) is owed or controlled by an entity based in a country that is identified as a nonmarket economy country, was identified by the Office of the U.S. Trade Representative (USTR) as a priority foreign country (e.g., a country that does not protect intellectual property rights), and is subject to monitoring by the (continued...)

  

Sponsored by: Sen. Robert P. Casey Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 06/04/2019

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Federal
US Congress 116th Congress

Stop Tax Haven Abuse Act [HB-1712] [Finance ] [Taxes ] [International ] [Trade ] [Budget and Spending ] [Small Business ] [Law Enforcement ] [Cybersecurity ] [National Security ] [Economic Development ] [Crime ]
Authorizes the Department of the Treasury to impose restrictions on foreign jurisdictions or financial institutions to counter money laundering and efforts to significantly impede U.S. tax enforcement. The bill amends the Internal Revenue Code to expand reporting requirements for certain foreign investments and accounts held by U.S. persons, establish a rebuttable presumption against the validity of transactions by institutions that do not comply with reporting requirements under the Foreign Account Tax Compliance Act, treat certain foreign corporations (continued...)

  

Sponsored by: Rep. Raul M. Grijalva Introduced In House on 03/13/2019

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Federal
US Congress 116th Congress

No Tax Breaks for Outsourcing Act [HB-1711] [Taxes ] [Finance ] [Trade ] [International ] [Budget and Spending ] [Small Business ] [Economic Development ]
Modifies the tax treatment of the foreign source income of domestic corporations. The bill includes provisions that eliminate an exemption for certain returns from tangible investments made overseas, eliminate deductions for a domestic corporation's foreign-derived intangible income and global intangible low-taxed income, repeal a provision that excludes foreign oil and gas extraction income from the tested income of a controlled foreign corporation, limit the tax deduction for the interest expenses of a U.S. corporation that is a member of a financial (continued...)

  

Sponsored by: Rep. Raul M. Grijalva Introduced In House on 03/13/2019

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Federal
US Congress 116th Congress

Stop Tax Haven Abuse Act [S.779] [Finance ] [Taxes ] [International ] [Trade ] [Budget and Spending ] [Small Business ] [Law Enforcement ] [Cybersecurity ] [National Security ] [Economic Development ] [Crime ]
Authorizes the Department of the Treasury to impose restrictions on foreign jurisdictions or financial institutions to counter money laundering and efforts to significantly impede U.S. tax enforcement. The bill amends the Internal Revenue Code to expand reporting requirements for certain foreign investments and accounts held by U.S. persons, establish a rebuttable presumption against the validity of transactions by institutions that do not comply with reporting requirements under the Foreign Account Tax Compliance Act, treat certain foreign corporations (continued...)

  

Sponsored by: Sen. Sheldon Whitehouse Read Twice And Referred To The Committee On Finance. on 03/13/2019

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Federal
US Congress 116th Congress

No Tax Breaks for Outsourcing Act [S.780] [Taxes ] [Finance ] [Trade ] [International ] [Budget and Spending ]
Modifies the tax treatment of the foreign source income of domestic corporations. The bill includes provisions that eliminate an exemption for certain returns from tangible investments made overseas, eliminate deductions for a domestic corporation's foreign-derived intangible income and global intangible low-taxed income, repeal a provision that excludes foreign oil and gas extraction income from the tested income of a controlled foreign corporation, limit the tax deduction for the interest expenses of a U.S. corporation that is a member of a financial (continued...)

  

Sponsored by: Sen. Sheldon Whitehouse Read Twice And Referred To The Committee On Finance. on 03/13/2019

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Federal
US Congress 116th Congress

Protect Our Universities Act of 2019 [HB-1678] [National Security ] [Technology and Innovation ] [Education ] [Cybersecurity ] [Science ] [Defense ] [Artificial Intelligence ]
Restricts student participation in sensitive research projects and prohibits the use of certain technologies for such projects. The bill requires each student, prior to participating in a sensitive research project, to provide proof of citizenship to the institution of higher education where the project is being carried out. Specifically, it prohibits students who are citizens of certain countries, including China and Russia, from participating in such a project unless the student applies for and receives approval from the Office of the Director (continued...)

  

Sponsored by: Rep. Don Bacon Introduced In House on 03/12/2019

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Federal
US Congress 116th Congress

To ensure election security, enhance Americans' access to the ballot box, reduce the influence of big money in politics through transparency, establish accountability and integrity measures for Congress, and strengthen ethics rules for public servants, and for other purposes. [HB-1612] [Voting Rights ] [Elections ] [Cybersecurity ] [Ethics ] [National Security ] [Data Privacy ]
Addresses voter registration, congressional redistricting, election security, political spending, and ethics for the three branches of government. The bill provides for the automatic registration of eligible voters. Voters must present identification to vote. The bill requires states to hold open primaries. The bill provides for states to establish independent, nonpartisan redistricting commissions. The bill also sets forth provisions related to election security, including sharing intelligence information with state election officials, protecting (continued...)

  

Sponsored by: Rep. Brian K. Fitzpatrick Referred To The Subcommittee On The Constitution, Civil Rights, And Civil Liberties. on 04/12/2019

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Federal
US Congress 116th Congress

American Cars, American Jobs Act of 2019 [S.683] [Transportation and Motor Vehicles ] [Taxes ] [Energy ] [Manufacturing ] [Trade ] [Consumer Protection ] [Budget and Spending ] [Economic Development ] [Labor, Jobs, Employment ]
Establishes in the National Highway Traffic Safety Administration the American Cars, American Jobs Program. Under the program, the Department of Transportation must issue vouchers of $3,500 to offset the purchase or lease price of a new automobile made in the United States if at least 45% of the automobile's parts come from the United States or Canada and assembly of the automobile occurs in the United States. The amount of the voucher for new qualified plug-in electric drive motor vehicles is $4,500. The bill amends the Internal Revenue Code to (continued...)

  

Sponsored by: Sen. Sherrod Brown Read Twice And Referred To The Committee On Finance. on 03/06/2019

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Federal
US Congress 116th Congress

Security Clearance Family Review Act [HB-1561] [National Security ] [Ethics ]
Prohibits certain federal agencies from granting a relative of the President access to classified information for purposes of federal employment unless the Office of Government Ethics makes a favorable determination during a review process regarding the relative's suitability for such access. In conducting a review, the office must determine whether the relative of the President has any ongoing and substantial commercial relationships with state-owned or privately-owned foreign enterprises or financial institutions and, if so, whether the relative (continued...)

  

Sponsored by: Sen. Ruben Gallego Introduced In House on 03/06/2019

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Federal
US Congress 116th Congress

A resolution commending the Government of Canada for upholding the rule of law and expressing concern over actions by the Government of the People's Republic of China in response to a request from the United States Government to the Government of Canada for the extradition of a Huawei Technologies Co., Ltd. executive. [SR-96] [International ] [Trade ] [Technology and Innovation ] [Human Rights ] [National Security ]
This resolution commends Canada for upholding the rule of law and complying with its obligations under its extradition treaty with the United States, in connection with Canada's arrest Meng Wanzhou, chief financial officer of Huawei Technologies Co., Ltd. It also expresses the Senate's concern over China's arbitrary and abusive treatment of Canadian nationals in response to Meng's detention, and calls for the immediate release of those individuals. (The United States requested the arrest of Meng, who stands accused of various crimes under U.S. law.)

  

Sponsored by: Sen. Robert Menendez Resolution Agreed To In Senate Without Amendment And With A Preamble By Unanimous Consent. (consideration: Cr S2701; Text: Cr 3/6/2019 S1710) on 05/07/2019

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