S 3811 · 119th Congress
American Business for American Companies Act of 2026
This bill prevents companies that have moved their headquarters overseas from winning federal government contracts. Here's what's happening: Some American companies have done what's called a "corporate inversion"—they buy or merge with a foreign company and then reorganize so the foreign company becomes the parent,…
- Sponsor
- Durbin, Richard J. (D-Illinois)
- Introduced
- 2026-02-09
- Policy area
- Government Operations and Politics
- Latest action
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S535-537)
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