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Section 1
1. Short title This Act may be cited as the Keep the Lights Local Act.
Section 2
2. Prohibition on foreign ownership 42 U.S. Code Chapter 149 Subchapter XII Part D—Repeal of Public Utility Holding Company Act of 1935 is amended by inserting at the end the following: No foreign corporation or foreign government shall be a public utility holding company. The prohibition provided in subsection (a) shall be effective on the date that is 180 days after the effective date of this Act. 16464.Prohibition on foreign ownership
(a)Prohibition on foreign ownershipNo foreign corporation or foreign government shall be a public utility holding company. (b)Effective dateThe prohibition provided in subsection (a) shall be effective on the date that is 180 days after the effective date of this Act..
Section 3
16464. Prohibition on foreign ownership No foreign corporation or foreign government shall be a public utility holding company. The prohibition provided in subsection (a) shall be effective on the date that is 180 days after the effective date of this Act.