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To prohibit foreign ownership of public utilities, and for other purposes.
Summary
The Keep the Lights Local Act prohibits foreign corporations and foreign governments from owning or controlling public utility holding companies. The prohibition becomes effective 180 days after the bill is enacted into law.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Riley, Josh [D-NY-19] (D-NY)
1 cosponsor
Actions (2)
- Sep 18, 2025 Referred to the House Committee on Energy and Commerce. · house
- Sep 18, 2025 Introduced in House
Similar bills (6)
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Text versions (1)
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Full text
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
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>
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