S. 2934 · 117th Congress
Bicameral Congressional Trade Authority 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.
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ToomeySponsor20 cosponsors · 8 D, 11 R, 1 I
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Carper
MC
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Crapo
JC
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Cornyn
DF
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Feinstein
CG
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Grassley
MH
D
Hassan
RJ
R
Johnson
AK
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King
TK
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Kaine
JL
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Lankford
ML
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Lee
JM
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Moran
JS
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Shaheen
TS
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Scott
BS
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Schatz
BS
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Sasse
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Tillis
MW
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Warner
SC
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Collins
KS
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Sinema18 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires congressional approval for a presidential import adjustment due to a national security threat from an import related to military equipment, energy resources, or critical infrastructure essential to national security.
What it does: CRS summary · Introduced in Senate · Oct 5, 2021
Bicameral Congressional Trade Authority Act of 2021
This bill requires congressional approval for a presidential import adjustment due to a national security threat from an import related to military equipment, energy resources, or critical infrastructure essential to national security. Specifically, the bill requires the President to submit a proposal to Congress, which Congress may approve by a joint resolution. Under current law, the President determines whether any adjustment of an import is necessary and must submit to Congress the reasons for any action taken or not taken.
The Department of Defense (currently, the Department of Commerce) must investigate the effect of these imports on national security.
The bill retroactively applies to any proposed action made four years before enactment of this bill. In general, any rate of duty modification occurring in the time period beginning four years before and ending the day before enactment of this bill must revert to the previous rate unless it receives congressional approval.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bicameral Congressional Trade Authority Act of 2021
Latest action (Oct 5, 2021): Read twice and referred to the Committee on Finance.
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Oct 5, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.