Goad News

TikTok ban bill is fast-tracking through Congress. Here’s what you need to know.

TikTok could find itself at a crossroads sooner or later, with a divestment or ban bill fast-tracking through Congress.

The bill, which would force TikTok’s Chinese owner ByteDance to either sell the popular social network or face a ban in the United States, was attached to an aid package to Ukraine and Israel, according to a memo released by House Speaker Mike Johnson. Louisiana Republican.

“We anticipate that the vote on final passage of these bills will take place Saturday evening,” Johnson wrote in the memo to House Republicans.

“It is regrettable that the House of Representatives is using the guise of significant foreign and humanitarian aid to once again pass a ban bill that would trample the free speech rights of 170 million Americans , would devastate 7 million businesses and shut down a platform that contributes $24 billion annually to the U.S. economy,” a TikTok spokesperson told CBS News.

What is behind the TikTok divestment or ban bill?

The creation of the bill was sparked by concerns about the amounts of users’ personal data collected by TikTok and ByteDance, which critics say pose a threat to national security, as they fear the information could be exploited by the Chinese government.

But others questioned the constitutionality of targeting a single company, as well as the potential to harm Americans’ free speech rights by taking down a popular social media platform.

What happened with the previous bill?

The latest iteration of the TikTok bill comes after a prior effort was passed in the House but then got bogged down in the Senate.

Because this bill is tied to aid programs for Ukraine and Israel, it could pass Congress more quickly.

How is this TikTok bill different?

There are some changes from the previous bill. For one thing, the latest version gives TikTok’s owner more time to divest, allowing 9 months for a sale with the possibility of an additional 3-month grace period, according to a copy of the bill released Wednesday.

The previous bill would have given ByteDance six months to divest TikTok or face a nationwide ban.

Exit mobile version