S. 1043 · 111th Congress
Border Tax Fairness Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
GrahamSponsorNo cosponsors.
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.
What it does: CRS summary · Introduced in Senate · May 14, 2009
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Border Tax Fairness Act
Latest action (May 14, 2009): Read twice and referred to the Committee on Finance.
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: May 14, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.