US SB1043 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 14 2009 - 25% progression, died in chamber
Action: 2009-05-14 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Summary

Border Tax Fairness Act - Directs the United States Trade Representative (USTR) to pursue World Trade Organization (WTO) negotiations that result in revisions to WTO agreements that meet certain U.S. trade negotiating goals with respect to equitable border tax treatment in trade in goods and services with foreign countries. Requires a USTR report to Congress on whether such goals have been met in revising the WTO rules, and if not, recommendations for: (1) legislation that impose a tax on imports from countries that employ indirect border taxes on goods and services; and (2) compensatory payments to U.S. exporters to neutralize the discriminatory effect of border taxes they have paid.

Tracking Information

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Title

Border Tax Fairness Act

Sponsors


History

DateChamberAction
2009-05-14 Read twice and referred to the Committee on Finance.

Same As/Similar To

HB2927 (Related) 2009-06-17 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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