To require ByteDance to divest itself of certain assets, and to require the Committee on Foreign Investment in the United States to review certain business relationships between ByteDance and United States businesses, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To require ByteDance to divest itself of certain assets, and to require the Committee on Foreign Investment in the United States to review certain business relationships between ByteDance and United States businesses, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services. The main policy domain is Technology, Government Operations, Finance.
Who Benefits and How
technology companies and users of digital services may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, technology companies and users of digital services may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H7ED190B444374CBC9B5D42F7302D2A95: 1. Short title This Act may be cited as the Anti-CCP Espionage via Social Media Act of 2023 or the ACES Act of 2023.
- Section HB85BDB4F041B40139789B95CF224BA0B: 2. Findings Congress makes the following findings: TikTok engages in political censorship, including related to awareness of Uighur Muslim internment camps in...
- Section HC81676E74D40441A9A27247621140D86: 3. Statement of policy It is the policy of the United States to secure the information and communications technology and services supply chain and to counter...
- Section H2D3EB7EAAE654FED8702FFD40F89D65F: 4. Codification of the Executive Order addressing the threat posed by tiktok Executive Order 13942 of August 6, 2020 as in effect as of January 19, 2021, shall...
- Section HBAF3A5A8AC444F1F8FAFE872DA6F524A: 5. Divestment of assets by ByteDance ByteDance shall divest itself of— any tangible or intangible assets or property, wherever located, used to enable or...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To require ByteDance to divest itself of certain assets, and to require the Committee on Foreign Investment in the United States to review certain business relationships between ByteDance and United States businesses, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services.
Key Policy Areas
Technology, Government Operations, Finance
Primary Purpose
This bill, To require ByteDance to divest itself of certain assets, and to require the Committee on Foreign Investment in the United States to review certain business relationships between ByteDance and United States businesses, and for other purposes., changes federal law or congressional policy affecting technology companies and users of digital services.
Policy Domains
Whole bill
Identified Gains
- technology companies and users of digital services
Identified Costs
- federal implementing agencies
- technology companies and users of digital services
Sponsors
Legislative Progress
IntroducedMrs. McClain (for herself, Mr. Babin, Mr. Bergman, Mr. Higgins …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
a person (other than an individual) engaged in interstate commerce in the United States who— is partnering or contracting with ByteDance with respect to technology platforms, applications, or other ventures
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology