US SB2139 | 2019-2020 | 116th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on July 17 2019 - 25% progression, died in committee
Action: 2019-07-17 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S4909-4911)
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 17 2019 - 25% progression, died in committee
Action: 2019-07-17 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S4909-4911)
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
American Business for American Companies Act of 2019
Sponsors
Sen. Richard Durbin [D-IL] | Sen. Jack Reed [D-RI] | Sen. Sheldon Whitehouse [D-RI] | Sen. Tammy Duckworth [D-IL] |
Sen. Bernard Sanders [I-VT] |
History
Date | Chamber | Action |
---|---|---|
2019-07-17 | Senate | Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S4909-4911) |
Same As/Similar To
SB2140 (Related) 2019-07-17 - Read twice and referred to the Committee on Finance. (text: CR S4911-4912)
HB3802 (Same As) 2019-07-17 - 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.
HB3802 (Same As) 2019-07-17 - 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.
Subjects
Administrative law and regulatory procedures
Corporate finance and management
Department of the Treasury
Foreign and international corporations
Government operations and politics
Military procurement, research, weapons development
Public contracts and procurement
Corporate finance and management
Department of the Treasury
Foreign and international corporations
Government operations and politics
Military procurement, research, weapons development
Public contracts and procurement
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2139/all-info |
Text | https://www.congress.gov/116/bills/s2139/BILLS-116s2139is.pdf |