In March 2024, the House passed a similar bill called the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), which was signed into law in April 2024.
"[1][2] It grants the Secretary of Commerce the authority to review transactions by certain foreign entities who offer "information and communications technologies products or services" (ICTS), in order to identify, investigate, and mitigate "undue and unacceptable" risks to the national security of the United States or its citizens.
[1][2] The initial text of the Act classifies China (including Hong Kong and Macau), Cuba, Iran, North Korea, Russia, and the Nicolás Maduro regime of Venezuela as foreign adversaries.
[6][7] In regards to its implied target, Congressman Jamaal Bowman and the Electronic Frontier Foundation (EFF) believed that the federal government should prioritize internet privacy legislation that also applies to U.S.-based companies.
It accomplishes similar goals to the RESTRICT Act by allowing the government to order the divestment of social media applications owned by or under the jurisdiction of foreign adversaries, or else it would become unlawful for the app to be distributed or maintained in the United States.