H.R. 702 · 116th Congress
Stopping Foreign Businesses Sanctuary Act of 2019
- Stage
- In committee
- Sponsor
- K. Conaway
- Introduced
- 2019-01-22
- Latest action
- 2019-03-04 · Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
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.