S 1043
111th Congress
Senate
Foreign Trade and International Finance
Congressional oversight
Free trade and trade barriers
Tariffs
Trade agreements and negotiations
Border Tax Fairness Act
Introduced: May 14, 2009
Introduced by:
Graham, Lindsey
Republican
· South Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 2009
Read twice and referred to the Committee on Finance.
May 14, 2009
Introduced in Senate
Plain-English summary
Border Tax Fairness Act - Directs the United States Trade Representative (USTR) to pursue World Trade Organization (WTO) negotiations that result in revisions to WTO agreements that meet certain U.S. trade negotiating goals with respect to equitable border tax treatment in trade in goods and services with foreign countries.
Requires a USTR report to Congress on whether such goals have been met in revising the WTO rules, and if not, recommendations for: (1) legislation that impose a tax on imports from countries that employ indirect border taxes on goods and services; and (2) compensatory payments to U.S. exporters to neutralize the discriminatory effect of border taxes they have paid.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1