S 408
115th Congress
Senate
Foreign Trade and International Finance
Africa
Asia
Bank accounts, deposits, capital
Caribbean area
Competitiveness, trade promotion, trade deficits
Congressional oversight
Congressional-executive branch relations
Financial services and investments
Foreign and international banking
Free trade and trade barriers
Government ethics and transparency, public corruption
Latin America
Nepal
Presidents and presidential powers, Vice Presidents
Securities
Tariffs
Trade agreements and negotiations
Trade restrictions
U.S. and foreign investments
Presidential Trade Transparency Act of 2017
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 16, 2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)
Feb 16, 2017
Introduced in Senate
Plain-English summary
Presidential Trade Transparency Act of 2017
This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country:
- with which the United States is negotiating a trade or investment agreement,
- that is subject to a presidential trade enforcement action determination modifying the tariff treatment of imported articles from such country, or
- that is designated as eligible for preferential trade treatment under a trade preference program.
If the President fails to report such information to Congress:
- any instrument providing for the modification of such tariff treatment shall have no force or effect, and
- the bill implementing such a trade or investment agreement shall not be eligible for trade authorities (fast track) procedures under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)
Committees of jurisdiction
1