H.R. 2385 · 115th Congress
Tariff Inversion Jobs Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PaulsenSponsorNo cosponsors.
This bill directs the U.S. International Trade Commission to submit to Congress a report that: (1) identifies tariff inversions in the Harmonized Tariff Schedule of the United States (HTS) that create an incentive for U.S.
What it does: CRS summary · Introduced in House · May 4, 2017
Tariff Inversion Jobs Act of 2017
This bill directs the U.S. International Trade Commission to submit to Congress a report that: (1) identifies tariff inversions in the Harmonized Tariff Schedule of the United States (HTS) that create an incentive for U.S. companies to move production out of the United States, and (2) includes recommendations for measures that could be taken to eliminate such inversions.
Tariff inversions occur when the duty rate for the final product is lower than the duty rate of the component parts.
The bill amends the HTS to provide for the duty-free treatment of flat panel displays and main boards for televisions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Tariff Inversion Jobs Act of 2017
Latest action (May 19, 2017): Referred to the Subcommittee on Trade.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: May 4, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.