Legislation that could force a TikTok ban revived as part of House foreign aid package

abcnews.go.com:

Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a major boost as House Republicans included it in a package of bills that would send U.S. aid to Ukraine and Israel

WASHINGTON — Legislation that could ban TikTok in the U.S. if its China-based owner doesn’t sell its stake won a major boost late Wednesday when House Republican leaders included it in a package of bills that would send aid to Ukraine and Israel. The bill could be law as soon as next week if Congress moves quickly.

The TikTok legislation, which passed the House in March and has widespread support in both chambers, was included in the House package as leaders have worked to win votes for the foreign aid bills and after negotiations with the Senate over how long the Chinese technology firm ByteDance Ltd. would have to sell its stake in the app to continue operating in the United States. President Joe Biden has said he would sign the TikTok legislation if it reaches his desk.

The new version of the legislation won a key endorsement from Senate Commerce Committee Chairwoman Maria Cantwell, who said in a statement that she had successfully pushed to extend the period from six months to a year to give the company enough time to find a buyer. While the original bill had a six-month deadline for TikTok to be sold, the revised legislation would give nine months and a possible three-month extension if a sale was in progress.

“Extending the divestment period is necessary to ensure there is enough time for a new buyer to get a deal done,” said Cantwell, who had previously expressed doubts about the bill. ”I support this updated legislation.”

If Congress passes the TikTok bill, it would be an extraordinary and unusual moment