S. 408 · 115th Congress
Presidential Trade Transparency 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.
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WydenSponsor13 cosponsors · 13 D
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Brown
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Blumenthal
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Cardin
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Casey
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Feinstein
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Leahy
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Menendez
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McCaskill
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Reed
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Schumer
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Stabenow
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Van Hollen
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Warren13 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country:
What it does: CRS summary · Introduced in Senate · Feb 16, 2017
Presidential Trade Transparency Act of 2017
This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country:
- with which the United States is negotiating a trade or investment agreement,
- that is subject to a presidential trade enforcement action determination modifying the tariff treatment of imported articles from such country, or
- that is designated as eligible for preferential trade treatment under a trade preference program.
If the President fails to report such information to Congress:
- any instrument providing for the modification of such tariff treatment shall have no force or effect, and
- the bill implementing such a trade or investment agreement shall not be eligible for trade authorities (fast track) procedures under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Presidential Trade Transparency Act of 2017
Latest action (Feb 16, 2017): Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Feb 16, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.