Bill: 119-HR5487
2025112413
133635
Keep the Lights Local Act
Current status: Referred to the House Committee on Energy and Commerce.
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1. Short title2. Prohibition on foreign ownership16464. 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.