Sec. 6. Prohibited transactions
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A transaction is prohibited if the transaction is by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd. (a.k.a. Zı`jie´ Tia`odo`ng), Beijing, China, or its subsidiaries, including TikTok Inc., in which any such company has any interest, involving the following: Any provision of services, occurring after the end of the 45-day period beginning on the date of enactment of this Act, to distribute or maintain the TikTok mobile application, constituent code, or application updates through an online mobile application store, or any online marketplace where mobile users within the land or maritime borders of the United States and its territories may download or update applications for use on their mobile devices.
Any provision of internet hosting services, occurring after the end of the 45-day period beginning on the date of enactment of this Act, enabling the functioning or optimization of the TikTok mobile application within the land and maritime borders of the United States and its territories. Any provision of content delivery network services, occurring after the end of the 45-day period beginning on the date of enactment of this Act, enabling the functioning or optimization of the TikTok mobile application within the land and maritime borders of the United States and its territories.
Any provision of directly contracted or arranged internet transit or peering services, occurring after the end of the 45-day period beginning on the date of enactment of this Act, enabling the functioning or optimization of the TikTok mobile application within the land and maritime borders of the United States and its territories. Any utilization, occurring after the end of the 45-day period beginning on the date of enactment of this Act, of the TikTok mobile application’s constituent code, functions, or services in the functioning of software or services developed or accessible within the land and maritime borders of the United States and its territories.
The prohibition under subsection
(a)shall not apply to the following: Any transaction that is not a business-to-business transactions. The payment of wages, salaries, and benefit packages to employees or contractors. The exchange between or among TikTok mobile application users of personal or business information using the TikTok mobile application. Activities related to mobile applications intended for distribution, installation or use outside of the United States by any person, including to any person subject to U.S. jurisdiction, and all ancillary activities, including activities performed by any U.S. person, which are ordinarily incident to, and necessary for, the distribution, installation, and use of mobile applications outside of the United States. The storing of TikTok mobile application user data in the United States. Any transactions necessary to effectuate the divestment required by this section. A person may submit a request to CFIUS for a waiver of the requirements under subsection (a).