Prohibiting Nationalization of American Companies and Investments Act of 2023

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6682 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 6682

       To prohibit funding for the Government of Ukraine for the 
                  nationalization of strategic assets.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 7, 2023

  Mr. Mills (for himself and Mr. Hern) introduced the following bill; 
         which was referred to the Committee on Foreign Affairs

_______________________________________________________________________

                                 A BILL


 
       To prohibit funding for the Government of Ukraine for the 
                  nationalization of strategic assets.

    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 ``Prohibiting Nationalization of 
American Companies and Investments Act of 2023''.

SEC. 2. PROHIBITION ON USE OF FUNDS BY THE GOVERNMENT OF UKRAINE FOR 
              THE NATIONALIZATION OF UNITED STATES ASSETS.

    No amounts appropriated or otherwise made available by a law 
enacted before, on, or after the date of the enactment of this Act, may 
be used by the Government of Ukraine for the nationalization, 
expropriation, forced liquidation, seizure, or imposition of any 
restrictions on shareholders rights to execute governance over, assets 
or property in Ukraine that is owned directly or indirectly by United 
States investors, including shareholder interests in any publicly 
traded company.
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