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H.R. 702

BillFederalHouseIn Committee
Stopping Foreign Businesses Sanctuary Act of 2019
About This Bill
Committee
Latest Action · March 4, 2019
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Congress
116th (2019–2021)
Introduced
January 22, 2019
Cosponsors (4)
1D 3R
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Summary

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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.

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