Keep the Lights Local Act

This bill, titled the Keep the Lights Local Act, would prohibit foreign entities from being a public utility holding company. It would add a new provision (Sec. 16464) to the existing framework governing public utility holding companies, stating that no foreign corporation or foreign government may be a public utility holding company. The prohibition would take effect 180 days after the Act becomes law. In practical terms, the measure is aimed at ensuring that control over U.S. public utilities remains in domestic hands by barring foreign ownership of the entities that control these utilities. The text provided indicates the measure is introduced and referred to the Committee on Energy and Commerce, with no further action yet.