Keep the Lights Local Act

The Keep the Lights Local Act prohibits foreign corporations and foreign governments from owning or operating public utility holding companies - such as those that manage electricity grids. It directly affects foreign-owned utility companies currently operating in the U.S. under the existing regulatory framework. The bill amends federal law to ban such foreign ownership, with the prohibition taking effect 180 days after the bill's enactment. This policy change aims to restrict foreign control over critical U.S. energy infrastructure.