Protect U.S. Companies from Foreign Regulatory Taxation Act

House Votes

This proposal aims to shield important U.S. tech and digital companies from being targeted by other countries’ online market rules. It says U.S. courts and agencies cannot enforce a foreign court or regulator’s decision against these companies if the decision is based on those foreign digital market rules, unless Congress later allows it. It also lets the President take actions to protect these companies from harmful foreign moves, after considering effects on U.S. consumers and businesses, America’s economic and tech security, and U.S. foreign relations and commitments.

The bill explains why this matters: U.S. digital innovation and leadership in areas like artificial intelligence help the economy, jobs, and national security, but some foreign rules that single out U.S. firms could hurt growth, trade, and policy goals.

Key points:

• Who is affected: Certain U.S. companies viewed as important to national interests, especially in digital services; decisions could also affect U.S. consumers and businesses because they are factors the President must consider.
• What changes: U.S. courts would not enforce foreign rulings tied to digital market rules against these companies unless Congress permits it; the President could act to protect them based on the public interest.