Stopping Foreign Businesses Sanctuary Act of 2018

Bill: 115-hr-5116
Sponsor: full_name: Rep. Conaway, K. Michael [R-TX-11]
Introduced: 2018-02-27
Policy area: Law
Subjects: Foreign and international corporations

Government corporations and government-sponsored enterprises

Jurisdiction and venue

Sovereignty, recognition, national governance and status
Latest action: action_date: 2018-02-27
text: Referred to the House Committee on the Judiciary.

Summaries:
action_date: 2018-02-27
action_desc: Introduced in House
text: <p><b>Stopping Foreign Businesses Sanctuary Act of 2018</b></p> <p>This bill authorizes federal and state courts to exercise jurisdiction over certain foreign entities that conduct commercial activities in the United States.</p>

tv_txt: I 115th CONGRESS 2d Session H. R. 5116 IN THE HOUSE OF REPRESENTATIVES February 27, 2018 Mr. Conaway introduced the following bill; which was referred to the Committee on the Judiciary A BILL To amend title 28, United States Code, to provide for the jurisdiction of courts of the United States and of the States over certain foreign entities, and for other purposes.

1. Short title This Act may be cited as the Stopping Foreign Businesses Sanctuary Act of 2018 . 2. Jurisdiction over certain foreign entities Section 1605 of title 28, United States Code, is amended by inserting after subsection (d) the following: (e) Notwithstanding any other provision of law, an entity is not immune from the jurisdiction of the courts of the United States or of the States if the entity— (1) is incorporated in a foreign state in which state-owned or state-controlled entities commonly engage in commercial activity; and (2) conducts commercial activity in the United States. . 3. Commercial activity of affiliate entities Section 1603(d) of title 28, United States Code, is amended— (1) by inserting (1) before A ; and (2) by adding at the end the following: (2) For purposes of this chapter, a commercial activity of an agency or instrumentality of a foreign state, or of an entity described in section 1605(e), shall be attributable to any corporate affiliate of the agency, instrumentality, or entity that— (A) directly or indirectly owns a majority of shares of the agency, instrumentality, or entity; and (B) is also an agency or instrumentality of a foreign state, or an entity described in section 1605(e). .