119-HR5487

Keep the Lights Local Act

Last action was on 9-18-2025

Bill is currently in: House
Path to Law
House Senate President

Current status is Referred to the House Committee on Energy and Commerce.

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119th CONGRESS

1st Session

H. R. 5487

1. Short title
2. Prohibition on foreign ownership

1. Short title

This Act may be cited as the "Keep the Lights Local Act".


2. Prohibition on foreign ownership

42 U.S. Code Chapter 149 Subchapter XII Part D—Repeal of Public Utility Holding Company Act of 1935 is amended by inserting at the end the following:

16464. Prohibition on foreign ownership

(a) Prohibition on foreign ownership - No foreign corporation or foreign government shall be a public utility holding company.

(b) Effective date - The prohibition provided in subsection (a) shall be effective on the date that is 180 days after the effective date of this Act.