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H.R. 5790 · 117th Congress

Neutralizing Unfair Chinese Export Subsidies Act of 2021

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing.

What it does: CRS summary · Introduced in House · Oct 28, 2021

Neutralizing Unfair Chinese Export Subsidies Act of 2021

This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing.

Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies.

Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to Treasury.

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

About this bill and sources

Official title: Neutralizing Unfair Chinese Export Subsidies Act of 2021

Latest action (Oct 28, 2021): Referred to the House Committee on Financial Services.

Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Oct 28, 2021

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

No recorded floor vote found.