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H.R. 4405 · 109th Congress

Balancing Trade Act of 2005

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

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.