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S. 433 · 114th Congress

Currency Undervaluation Investigation Act

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

12 cosponsors · 8 D, 4 R

9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Tariff Act of 1930 to require the administering authority, upon the filing of a petition by an interested party, to initiate a countervailing duty investigation or review to determine whether currency undervaluation by the government of, or any public entity within, a foreign country is providing, directly or indirectly, a countervailable subsidy…

What it does: CRS summary · Introduced in Senate · Feb 10, 2015

Currency Undervaluation Investigation Act

Amends the Tariff Act of 1930 to require the administering authority, upon the filing of a petition by an interested party, to initiate a countervailing duty investigation or review to determine whether currency undervaluation by the government of, or any public entity within, a foreign country is providing, directly or indirectly, a countervailable subsidy to its exporters or products.

Declares that the fact that such a subsidy is also provided in circumstances not involving export shall not, for that reason alone, mean it cannot be considered export contingent and actionable under a countervailing duty and antidumping duty proceeding.

Declares that the amendments made by this Act shall apply to goods from Canada and Mexico.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Currency Undervaluation Investigation Act

Latest action (Feb 10, 2015): Read twice and referred to the Committee on Finance.

Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Feb 10, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.