H.R. 1575 · 109th Congress
To authorize appropriate action if the negotiations with the People's Republic of China regarding China's…
Full title
To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful.
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MyrickSponsor36 cosponsors · 15 D, 21 R
D
Spratt
SB
D
Brown
DB
R
Burton
VG
R
Goode
GG
D
Green
WJ
R
Jones
MM
D
McIntyre
TM
R
McCotter
JG
R
Gresham Barrett
JAR
Ann Davis
VE
R
Ehlers
VF
R
Foxx
RH
R
Hayes
BO
R
Otter
MS
R
Souder
FU
R
Upton
BP
D
Pascrell
CT
R
Taylor
MB
D
Berry
JC
D
Costello
JD
D
Dingell
JM
R
McHugh
LT
R
Terry
BG
R
Goodlatte
DK
D
Kildee
DL
D
Lipinski
HR
R
Rogers
LS
D
Slaughter
PH
R
Hoekstra
CM
R
Miller
FW
R
Wolf
ND
R
Deal
RH
D
Holt
RA
D
Andrews
TS
D
Strickland
EN
D
Norton1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Imposes an additional duty rate of 27.5 percent ad valorem on any article imported into the United States that is the growth, product, or manufacture of the People's Republic of China (PRC) unless the President certifies to Congress that: (1) the PRC is no longer manipulating the exchange rate between its currency and the U.S.
What it does: CRS summary · Introduced in House · Apr 12, 2005
Imposes an additional duty rate of 27.5 percent ad valorem on any article imported into the United States that is the growth, product, or manufacture of the People's Republic of China (PRC) unless the President certifies to Congress that: (1) the PRC is no longer manipulating the exchange rate between its currency and the U.S. dollar in order to prevent an effective balance of payments and gain an unfair international trade advantage; and (2) the PRC's currency is valued in accordance with accepted market-based trading policies.
Directs the Secretary of the Treasury to begin negotiations with the PRC for adoption of a market-based currency valuation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful.
Latest action (Apr 19, 2005): Referred to the Subcommittee on Trade.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Apr 12, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.