The American Business for American Companies Act of 2026 prohibits federal contracts from being awarded to inverted domestic corporations.
The American Business for American Companies Act of 2026 prohibits the award of federal government contracts to inverted domestic corporations. An inverted domestic corporation is defined as a foreign incorporated entity that has completed an acquisition of a domestic corporation or partnership and has more than 50% of its stock held by former shareholders or partners. The act applies to contracts subject to the Federal Acquisition Regulation and the Defense Federal Acquisition Regulation Supplement.
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