The House has approved legislation that would ban TikTok if its Beijing-based parent company doesn’t divest from the popular social media platform, escalating the fight over the hot-button issue.
The TikTok legislation, which was included in a package of bills that would send aid to Ukraine and Israel, could become law as soon as next week if the Senate moves quickly.
Here’s what you need to know:
What’s in the House bill?
In March, the House passed legislation that would require ByteDance, TikTok’s parent, to sell the platform within six months, or face a ban in the United States.
But some senators, including the Democratic Senate Commerce Committee Chairwoman Maria Cantwell, had expressed concerns that the six-month deadline would be too short to carry out a complex deal that could be worth tens of billions of dollars. Following negotiations with the Senate on the issue, the House included a modified version of the legislation in the foreign aid package.
The revised legislation would give ByteDance nine months …