No TikTok on US Devices Act: Sanctions and Blocking of ByteDance Assets
This bill aims to impose sanctions on ByteDance Limited (TikTok's owner) and its related entities, potentially leading to the blocking of their commercial operations in the United States. This means citizens might lose access to the TikTok application and related services. The law mandates the President to block property and transactions related to the company in the US, citing national security concerns.
Key points
Blocking TikTok Operations: Within 30 days of enactment, the President must block all transactions and property of ByteDance (or its successors) in the US to prevent TikTok's commercial operation.
Consequences for Users: Citizens may lose the ability to use the TikTok application on their devices, as the act seeks to eliminate its operations entirely within the country.
National Security Report: The Director of National Intelligence must submit a report to Congress detailing national security threats posed by TikTok, including the Chinese government's ability to access US user data.
Penalties for Violations: Individuals or entities violating the sanctions or related orders will face penalties as defined under the International Emergency Economic Powers Act.
Expired
Additional Information
Print number: 118_HR_503
Sponsor: Rep. Buck, Ken [R-CO-4]
Process start date: 2023-01-25