S. 4450 · 117th Congress
SPECIAL RELATIONSHIP 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.
R
PortmanSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Securing Privileged Economic, Commercial, Investment, And Legal Rights to Ensure Longstanding Atlantic Trade and Investment Opportunities and Nurture Security, Happiness, Innovation, and Prosperity Act or the SPECIAL RELATIONSHIP Act
What it does: CRS summary · Introduced in Senate · Jun 22, 2022
Securing Privileged Economic, Commercial, Investment, And Legal Rights to Ensure Longstanding Atlantic Trade and Investment Opportunities and Nurture Security, Happiness, Innovation, and Prosperity Act or the SPECIAL RELATIONSHIP Act
This bill grants certain authorities to the President for entering into a comprehensive trade agreement between the United States and the United Kingdom (UK).
Specifically, the bill directs the President to initiate negotiations with the UK regarding tariff and nontariff barriers affecting any industry, product, or service sector.
The bill authorizes the President to enter into a comprehensive trade agreement with the UK, with such authority expiring on July 1, 2027. Further, the President may proclaim a modification or continuance of any existing duty or continuance of existing excise or duty-free treatment to carry out an agreement, with certain limitations.
The bill also requires the President to consult with and notify Congress regarding the intention of the President to enter into an agreement or make a proclamation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SPECIAL RELATIONSHIP Act
Also known as: Securing Privileged Economic, Commercial, Investment, And Legal Rights to Ensure Longstanding Atlantic Trade and Investment Opportunities and Nurture Security, Happiness, Innovation, and Prosperity Act
Latest action (Jun 22, 2022): Read twice and referred to the Committee on Finance.
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Jun 22, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.