H.R. 702

Referred to Committee

Stopping Foreign Businesses Sanctuary Act of 2019

Introduced 1/22/2019•116th Congress•House

Congress.gov

Latest Action

Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

3/4/2019 • House

Summary

Stopping Foreign Businesses Sanctuary Act of 2019

This bill eliminates immunity from suit in U.S. courts for certain foreign entities, and their corporate affiliates, that are state-owned or state-controlled. Specifically, the bill provides for jurisdiction in U.S. courts over foreign entities that (1) conduct commercial activity in the United States, and (2) are incorporated in a foreign state in which state-owned or state-controlled entities commonly engage in commercial activity.

Introduced in House • 1/22/2019

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Topics & Subjects

Policy Area: Law

Foreign and international corporationsGovernment corporations and government-sponsored enterprisesJurisdiction and venueSovereignty, recognition, national governance and status