The House passed HR 7521 (the Protecting Americans from Foreign Adversary Controlled Applications Act) by 352 votes to 65.
The bill would ban TikTok so long as it’s owned by a company deemed to be controlled by China.
There was wide bipartisan support for the bill in the House and it’s seen as likely to pass with similar bipartisan support if the Senate vote on it.
Will the Senate get a chance to vote on the bill by the end of April?
This market will resolve YES if a vote is held with Senators voting yes or no by 30th April or if the bill passes the Senate some other way (eg. unanimous proclamation).
It will resolve NO if it does not reach the Senate floor or if it is delayed/filibustered in such a way as to mean that Senators don’t vote on it.
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HR7251 is dead in the water now that the legislation was passed in a different way.
This resolves to NO.
woops