Bill · H.R. 4577· House(119-HR-4577)

Defending American Property Abroad Act of 2025

Age: 49 years

Texas

Introduced: 7/21/2025
Last activity: 7/21/2025 — Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by: August Pfluger
Cosponsors: - 32 - 7

Foreign Trade and International Finance

Introduced
In Committee

What this bill would do

This bill, called the "Defending American Property Abroad Act of 2025," aims to protect American property rights when foreign governments nationalize or take control of assets. It allows the U.S. to restrict access to U.S. markets for vessels that have used ports where the property of U.S. citizens has been seized. It also amends the Trade Act of 1974 to include the expropriation of U.S. assets as an unreasonable trade practice.

Yes· 3 of 10

Would business owners be better off under this?+3
Business owners, particularly those with international operations, stand to benefit from protection against expropriation.
Would people with substantial wealth be better off under this?+3
High-net-worth individuals with assets abroad will likely benefit from the increased protection of their property rights.
Would the very wealthiest people be better off under this?+3
Ultra-high-net-worth individuals with substantial international holdings could see a significant benefit.

The opposite

Does this make trade with other countries easier?-2
The bill could strain trade relations with countries that nationalize American assets, negatively impacting international trade.