H.R. 5487
IntroducedKeep the Lights Local Act
Plain-language analysis
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Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5487 Introduced in House (IH)]
<DOC>
119th CONGRESS 1st Session H. R. 5487
To prohibit foreign ownership of public utilities, and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
September 18, 2025
Mr. Riley of New York introduced the following bill; which was referred to the Committee on Energy and Commerce
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A BILL
To prohibit foreign ownership of public utilities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Keep the Lights Local Act''.
SEC. 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:
``SEC. 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.''. <all>