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HR 7935 117th Congress House International Affairs Alternative and renewable resources Appropriations Asia Building construction Caribbean area China Congressional oversight Corporate finance and management Electric power generation and transmission Employee hiring Energy efficiency and conservation Energy storage, supplies, demand Europe Foreign aid and international relief Foreign and international corporations Free trade and trade barriers Government lending and loan guarantees Government trust funds Industrial facilities

Opportunities in the Americas Act

Introduced: June 13, 2022 Introduced by: Espaillat, Adriano Democratic · New York See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 2022
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, 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.
Jun 3, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Opportunities in the Americas Act

This bill provides assistance to eligible companies relocating manufacturing from China to a qualifying Latin American or Caribbean country, generally a country in the region that has a free trade agreement with the United States and is not a foreign adversary.

For example, the U.S. International Development Finance Corporation must use at least 10 percent of its funding for each fiscal year to provide assistance, such as financing eligible costs for moving and workforce development, to businesses relocating manufacturing from China to a qualifying Latin American or Caribbean country, subject to various conditions and requirements.

The bill also provides tax benefits related to certain property acquired and placed in service in connection with such a relocation of manufacturing.

What's happening now June 3, 2022

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 2 Republican 1
R
Salazar, Maria Elvira
Florida · Jul 5, 2022
 D
Barragán, Nanette Diaz
California · Jun 14, 2022
Sires, Albio
· Jun 13, 2022
 D
Titus, Dina
Nevada · Jun 13, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7935: Opportunities in the Americas Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7935/
MLA
"H.R. 7935: Opportunities in the Americas Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7935/.
Bluebook (legal)
H.R. 7935, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7935/.
Markdown link
[H.R. 7935: Opportunities in the Americas Act](https://openamerica.io/bill/117-HR-7935/)
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