3.0.0 4927 2025-01-16T11:48:07Z 2025-01-16T11:48:07Z House H HR 2023-07-26 118 <pre>[Congressional Record Volume 169, Number 129 (Wednesday, July 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mrs. McCLAIN:H.R. 4927.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8The single subject of this legislation is:CFIUS overseeing the sale of ByteDance's TikTok and thedestruction of ByteDance's American data.[Page H4032]</pre> hsif00 Energy and Commerce Committee House Standing hsif17 Commerce, Manufacturing, and Trade Subcommittee Referred to 2023-07-28T19:39:04Z Referred To 2023-07-26T14:02:45Z hsfa00 Foreign Affairs Committee House Standing Referred To 2023-07-26T14:02:40Z hsba00 Financial Services Committee House Standing Referred To 2023-07-26T14:02:35Z 2023-07-28 hsif17 Commerce, Manufacturing, and Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Innovation, Data, and Commerce. Committee 2023-07-26 Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2023-07-26 Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2023-07-26 Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-07-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-07-26 Introduced in House IntroReferral 1000 9 Library of Congress M001136 Rep. McClain, Lisa C. [R-MI-9] Lisa McClain R MI C. 9 N B001291 Rep. Babin, Brian [R-TX-36] Brian Babin R TX 36 2023-07-26 True B001301 Rep. Bergman, Jack [R-MI-1] Jack Bergman R MI 1 2023-07-26 True H001077 Rep. Higgins, Clay [R-LA-3] Clay Higgins R LA 3 2023-07-26 True B001307 Rep. Baird, James R. [R-IN-4] James Baird R IN R. 4 2023-07-26 True F000246 Rep. Fallon, Pat [R-TX-4] Pat Fallon R TX 4 2023-07-26 True M001211 Rep. Miller, Mary E. [R-IL-15] Mary Miller R IL E. 15 2023-07-26 True N000190 Rep. Norman, Ralph [R-SC-5] Ralph Norman R SC 5 2023-07-26 True S001222 Rep. Santos, George [R-NY-3] George Santos R NY 3 2023-07-27 False M000194 Rep. Mace, Nancy [R-SC-1] Nancy Mace R SC 1 2023-08-01 False L000600 Rep. Langworthy, Nicholas A. [R-NY-23] Nicholas Langworthy R NY A. 23 2023-08-01 False G000591 Rep. Guest, Michael [R-MS-3] Michael Guest R MS 3 2023-08-01 False B001260 Rep. Buchanan, Vern [R-FL-16] Vern Buchanan R FL 16 2024-03-11 False Foreign Trade and International Finance Accounting and auditing 2023-12-06T16:01:23Z Asia 2023-12-06T16:01:23Z China 2023-12-06T16:01:23Z Civil actions and liability 2023-12-06T16:01:22Z Congressional oversight 2023-12-06T16:01:22Z Foreign and international corporations 2023-12-06T16:01:22Z Government information and archives 2023-12-06T16:01:22Z Government studies and investigations 2023-12-06T16:01:22Z Internet, web applications, social media 2023-12-06T16:01:22Z Presidents and presidential powers, Vice Presidents 2023-12-06T16:01:23Z U.S. and foreign investments 2023-12-06T16:01:23Z Foreign Trade and International Finance 2023-08-25T22:47:54Z

00 2023-07-26 Introduced in House 2023-11-30T14:08:36Z <p><strong>Anti-CCP Espionage via Social Media Act of 2023 or the ACES Act of </strong><b>2023</b></p> <p>This bill requires certain actions related to ByteDance Ltd., the Chinese parent company of TikTok (a video-sharing mobile application).</p> <p>Specifically, the bill grants Executive Order 13942 the force and effect of law. That order prohibits certain transactions by any person subject to the jurisdiction of the United States with ByteDance. The bill provides statutory authority for that prohibition and specifies exceptions. Further, the bill establishes enforcement procedures and penalties for related violations.</p> <p>The bill requires ByteDance, within 90 days of this bill's enactment, to divest itself of (1) any assets or property used to enable or support ByteDance's operation of the TikTok application in the United States, and (2) any data obtained or derived from TikTok application or Musical.ly application users in the United States. The bill outlines further requirements and procedures for such divestment.</p> <p>The Committee on Foreign Investment in the United States (CFIUS) must review proposed sales or transfers by ByteDance to a third party. CFIUS may implement measures as necessary to verify compliance with the required divestment.</p> <p>CFIUS must review and issue a report to the President on the relationship of each covered U.S. business with ByteDance to determine the effects of such relationship on U.S. national security. The President may take actions to suspend or prohibit the relationship.</p>

Display Title 45 2024-07-24T15:20:47Z Short Title(s) as Introduced 101 2024-05-24T13:37:23Z Introduced in House IH Short Title(s) as Introduced 101 2024-05-24T13:37:23Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:14:00Z Introduced in House IH Introduced in House 2023-07-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr4927ih/xml/BILLS-118hr4927ih.xml 2023-07-28 Referred to the Subcommittee on Innovation, Data, and Commerce. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.