Search Results: keywords:"foreign companies"

  • H. R. 8727 — To prohibit the award of Federal Government contracts to inverted domestic corporations, and for other purposes.
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    Status:Introduced in House
    Words:3,479

    H.R. 8727, known as the “American Business for American Companies Act of 2024,” is a bill that seeks to prevent inverted domestic corporations from receiving U.S. government contracts. An inverted domestic corporation is defined as a foreign company that has acquired a U.S. company but still...

    Simple Explanation

    The bill wants to make sure that only companies truly based in the U.S. can get big government jobs, so it says no to companies that pretend to be American but are actually controlled from another country. There are some special rules for things like when it matters for safety or health, but those have to be shared with Congress, like telling on someone.

  • H. R. 9297 — To prohibit the Department of Defense from acquiring certain information technology products manufactured by certain foreign companies, and for other purposes.
    Status:Introduced in House
    Words:772

    H. R. 9297, also known as the “Secure DOD Act,” aims to protect U.S. national security by prohibiting the Department of Defense from buying information technology products made by companies associated with certain foreign countries, specifically China. There are exceptions...

    Simple Explanation

    The Secure DOD Act is a rule that says the U.S. military can't buy computer stuff from certain countries like China, but there are some exceptions like needing special parts or if it's something already agreed upon.