US HB6124 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on March 5 2020 - 25% progression, died in committee
Action: 2020-03-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 5 2020 - 25% progression, died in committee
Action: 2020-03-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides financial assistance to companies harmed by retaliatory foreign tariffs. Specifically, it expands the Trade Adjustment Assistance for Firms program, which currently provides such assistance to companies adversely affected by competing imported goods and services. The bill authorizes companies that have seen a significant decrease in sales of exported goods or services, in whole or in part as a result of tariffs imposed by foreign countries in response to U.S. tariff increases, to petition the Department of Commerce for trade adjustment assistance.
Title
Assistance for Firms Harmed by Tariffs on Exports Act
Sponsors
Rep. Bradley Schneider [D-IL] | Rep. James Sensenbrenner [R-WI] | Rep. Jim Cooper [D-TN] |
History
Date | Chamber | Action |
---|---|---|
2020-03-05 | House | Referred to the House Committee on Ways and Means. |
2020-03-05 | House | Introduced in House |
Subjects
Competitiveness, trade promotion, trade deficits
Foreign trade and international finance
Tariffs
Trade adjustment assistance
Trade agreements and negotiations
Trade restrictions
Unemployment
War and emergency powers
Foreign trade and international finance
Tariffs
Trade adjustment assistance
Trade agreements and negotiations
Trade restrictions
Unemployment
War and emergency powers
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6124/all-info |
Text | https://www.congress.gov/116/bills/hr6124/BILLS-116hr6124ih.pdf |