What does Preamble of Defending American Property Abroad Act of 2025 do?

This bill addresses the nationalization or expropriation of property by foreign governments. It proposes amendments to section 301 of the Trade Act of 1974. The proposed changes would include expropriation of assets belonging to United States persons in the acts, policies, and practices of foreign countries if those actions are deemed unreasonable or discriminatory.

What does SHORT TITLE. of Defending American Property Abroad Act of 2025 do?

This bill is formally titled the Defending American Property Abroad Act of 2025.

What does IDENTIFICATION AND PROHIBITIONS WITH RESPECT TO PROPERTY of Defending American Property Abroad Act of 2025 do?

This section defines terms related to property nationalized or expropriated by foreign governments. It establishes definitions for 'appropriate congressional committees,' 'covered foreign trade partner,' 'passenger vessel,' 'prohibited property,' 'relevant port infrastructure,' 'United States,' and 'United States person'. The Secretary of Homeland Security, in consultation with the Secretaries of the Treasury and State, must identify and designate prohibited property within 60 days of the Act's enactment. A list of designated prohibited property must be provided to relevant agencies and congressional committees and published in the Federal Register. The President is required to prohibit vessels that have been at designated prohibited property from importing goods, releasing goods, docking passenger vessels, releasing passengers, or conducting servicing/maintenance activities in the United States.

What does EXPANSION OF ACTS, POLICIES, AND PRACTICES THAT ARE of Defending American Property Abroad Act of 2025 do?

This section amends Section 301(d)(3)(B) of the Trade Act of 1974. Clause (iii)(V) is modified by replacing '`, or'' with a comma. Clause (iv) is re-formatted and the period at the end is replaced with '`, or''. A new clause (v) is added, defining actions that constitute unreasonable or discriminatory treatment of assets belonging to a United States person. Clause (v) includes definitions of direct or indirect expropriation or nationalization, arbitrary or capricious treatment, denial of due process, and discrimination on the basis of nationality.

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Defending American Property Abroad Act of 2025

Last updated: 7/21/2025 · Introduced: 7/21/2025

Author: Bill Hagerty (R-TN)

TL;DR (AI)

This bill amends the Trade Act of 1974 to include expropriation or nationalization of assets belonging to U.S. persons as an unreasonable or discriminatory trade practice.
The bill directs the Secretary of Homeland Security to identify and designate 'prohibited property' linked to foreign government nationalization or expropriation.
The President must prohibit vessels that have been at designated prohibited property from importing goods or docking in U.S. ports.

119th Congressin committeeHR. 4577(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 2 more.

4 sections

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