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Prohibiting Foreign Ownership of Public Utility Companies

This act aims to ensure that providers of electricity and other essential public services remain under domestic control. It means foreign companies or governments will be barred from taking over local public utility companies, intending to protect the stability and security of services for citizens.
Key points
Foreign corporations and governments will be prohibited from owning or controlling public utility holding companies in the U.S.
The change aims to maintain local control over critical services like power supply.
The provisions will become effective 180 days after the act's enactment, allowing time for compliance.
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Status: Introduced
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Additional Information
Print number: 119_HR_5487
Sponsor: Rep. Riley, Josh [D-NY-19]
Process start date: 2025-09-18
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Keep the Lights Local Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5487.

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 2025-09-18.

What are the main provisions?

Key points include:

  • Foreign corporations and governments will be prohibited from owning or controlling public utility holding companies in the U.S.
  • The change aims to maintain local control over critical services like power supply.
  • The provisions will become effective 180 days after the act's enactment, allowing time for compliance.
What is the specific legal status?

The current status is Introduced.

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. Riley, Josh [D-NY-19].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Energy and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments