H.R. 4405 · 109th Congress
Balancing Trade Act of 2005
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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.
20 cosponsors · 10 D, 9 R, 1 I
11 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Balancing Trade Act of 2005 - Requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit, by entering into an agreement with that country or…
What it does: CRS summary · Introduced in House · Nov 18, 2005
Balancing Trade Act of 2005 - Requires the President, if in three consecutive calendar years the United States has a trade deficit with another country of $10 billion or more, to take the necessary steps to create a trading relationship that would eliminate or substantially reduce that trade deficit, by entering into an agreement with that country or otherwise.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Balancing Trade Act of 2005
Latest action (Nov 18, 2005): Referred to the House Committee on Ways and Means.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Nov 18, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.