Defending American Property Abroad Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2368 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2368 To take measures with respect to certain property that is nationalized or expropriated by foreign governments, to amend section 301 of the Trade Act of 1974 to include expropriation of the assets of United States persons in acts, policies, and practices of foreign countries that are unreasonable or discriminatory, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 21, 2025 Mr. Hagerty (for himself, Mr. Kaine, Mrs. Britt, Mr. Tuberville, Mr. Wicker, Mrs. Blackburn, Ms. Alsobrooks, and Mr. Budd) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To take measures with respect to certain property that is nationalized or expropriated by foreign governments, to amend section 301 of the Trade Act of 1974 to include expropriation of the assets of United States persons in acts, policies, and practices of foreign countries that are unreasonable or discriminatory, 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 ``Defending American Property Abroad Act of 2025''. SEC. 2. IDENTIFICATION AND PROHIBITIONS WITH RESPECT TO PROPERTY NATIONALIZED OR EXPROPRIATED BY FOREIGN GOVERNMENTS. (a) Definitions.--In this section: (1) Appropriate congressional committees.--The term ``appropriate congressional committees'' means-- (A) the Committee on Homeland Security and Governmental Affairs, the Committee on Foreign Relations, the Committee on Finance, and the Select Committee on Intelligence of the Senate; and (B) the Committee on Homeland Security, the Committee on Foreign Affairs, the Committee