H.R. 7579 · 117th Congress
Western Hemisphere Nearshoring Act
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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.
11 cosponsors · 1 D, 10 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill provides assistance for corporations to move operations from China to countries in Latin America or the Caribbean and addresses related issues.
What it does: CRS summary · Introduced in House · Apr 26, 2022
Western Hemisphere Nearshoring Act
This bill provides assistance for corporations to move operations from China to countries in Latin America or the Caribbean and addresses related issues.
For example, the bill requires the U.S. International Development Finance Corporation to provide financing and other assistance to eligible corporations for costs associated with such a move. Tariffs collected for goods manufactured in China shall be used to pay for such assistance.
The President may provide preferential treatment, including duty-free treatment, for goods produced in a Latin American or Caribbean country by a corporation that received relocation assistance under this bill.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Western Hemisphere Nearshoring Act
Latest action (Apr 26, 2022): Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: International Affairs · Origin: House · Introduced: Apr 26, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.