This legislative proposal aims to modify the existing law concerning applications controlled by foreign adversaries, specifically targeting TikTok. It seeks to provide a longer period for the popular social media platform to undergo a change of ownership before facing a potential ban in the United States. The bill achieves this by amending Section 2(a)(2)(A) of the Protecting Americans from Foreign Adversary Controlled Applications Act . It specifically changes the mandated divestiture period from the current 270 days to an extended 540 days , effectively doubling the time allowed for a sale.
This legislative proposal aims to modify the existing law concerning applications controlled by foreign adversaries, specifically targeting TikTok. It seeks to provide a longer period for the popular social media platform to undergo a change of ownership before facing a potential ban in the United States. The bill achieves this by amending Section 2(a)(2)(A) of the Protecting Americans from Foreign Adversary Controlled Applications Act . It specifically changes the mandated divestiture period from the current 270 days to an extended 540 days , effectively doubling the time allowed for a sale.