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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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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_5487
Sponsor: Rep. Riley, Josh [D-NY-19]
Process start date: 2025-09-18