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Protecting US Investments Abroad: New Rules and Consequences for Nations.

This act aims to better protect American companies and citizens investing abroad. It introduces new rules that could lead to the suspension of financial aid for countries that fail to protect these investments. Additionally, officials responsible for damages may face issues with entering the US and transferring money.
Key points
Countries failing to negotiate in good faith on investment disputes may lose financial assistance from the US.
US investors gain new tools to report issues and compel action from the US government.
Foreign officials responsible for harm to US investments may be denied entry to the US and face blocked remittances.
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Expired
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Additional Information
Print number: 118_HR_465
Sponsor: Rep. Gosar, Paul A. [R-AZ-9]
Process start date: 2023-01-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protect U.S. Investments Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_465.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-01-24.

What are the main provisions?

Key points include:

  • Countries failing to negotiate in good faith on investment disputes may lose financial assistance from the US.
  • US investors gain new tools to report issues and compel action from the US government.
  • Foreign officials responsible for harm to US investments may be denied entry to the US and face blocked remittances.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Gosar, Paul A. [R-AZ-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Foreign Affairs.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments Courts and Law