The US House of Representatives passed a bill concerning TikTok, tying it to aid for Israel and Ukraine. If signed, TikTok has 270 days to find a new owner.
The House lawmakers voted 360-58 for the bill, which could change TikTok’s future in the US. The bill links to foreign aid for Israel and Ukraine, adding pressure for TikTok to separate from its Chinese parent company, ByteDance.
The bill is similar to an earlier version from March, giving TikTok a deadline to split from ByteDance. Under this version, TikTok has 270 days to find a new owner, with a possible 90-day extension if progress is made.
Despite TikTok’s strong disagreement, including claims of First Amendment issues and economic harm, the bill passed with big support.
“It is unfortunate that the House of Representatives is using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes $24 billion to the U.S. economy, annually,” TikTok said in a post on X on Wednesday.
TikTok’s disagreement suggests a possible legal fight if the bill becomes law. Senate Majority Leader Chuck Schumer highlighted the need for foreign aid, hinting at a quick Senate vote. Analysts think the bill has a good chance of passing, estimating an 80% likelihood of success.
