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American Business for American Companies Act of 2026
2/27/2026, 4:42 PM
Summary of Bill HR 7424
The bill titled "To prohibit the award of Federal Government contracts to inverted domestic corporations, and for other purposes" was introduced in the 119th Congress on February 9, 2026, as H.R. 7424. The bill aims to prevent inverted domestic corporations from receiving federal government contracts and may include additional provisions related to this objective.
Read the Full Bill
Current Status of Bill HR 7424
Bill HR 7424 is currently in the status of Bill Introduced since February 9, 2026. Bill HR 7424 was introduced during Congress 119 and was introduced to the House on February 9, 2026. Bill HR 7424's most recent activity was Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, 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. as of February 9, 2026
Bipartisan Support of Bill HR 7424
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7424
Primary Policy Focus
Government Operations and PoliticsAlternate Title(s) of Bill HR 7424
To prohibit the award of Federal Government contracts to inverted domestic corporations, and for other purposes.
To prohibit the award of Federal Government contracts to inverted domestic corporations, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7424
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