The bill passed 360-58 as part of a larger bill related to sanctions on foreign adversaries like Russia, seeking to provide aid to Ukraine, Israel, and Gaza, making it harder for the Senate to stall.
The new House version provides a longer divestment period for ByteDance, giving up to one year to complete the sale, with an initial nine months and possible extension by the president.
The bill's inclusion in urgent foreign aid legislation prompts support from Senate Commerce Committee Chair Cantwell, indicating a shift in stance towards the legislation.
#house-bill #tiktok-divestment #senate-consideration #foreign-aid-package #bytedance-timeline-extension
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