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S 2713 117th Congress Senate Foreign Trade and International Finance Congressional oversight Legislative rules and procedure Manufacturing Trade agreements and negotiations

Market Economy Sourcing Act

Introduced: September 13, 2021 See on congress.gov
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
Sep 13, 2021
Read twice and referred to the Committee on Finance.
Sep 13, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Market Economy Sourcing Act

This bill limits the content from nonmarket economy countries that may be included in free trade agreement qualifying goods.

A nonmarket economy country is a foreign country that does not operate on market principles of cost or pricing structures, so that sales of merchandise in such country do not reflect the fair price of the merchandise.

The bill requires that, during the five-year period following entry into force of a free trade agreement, no more than 20% of a qualifying good may originate in a nonmarket economy country, and no more than 10% thereafter.

What's happening now September 13, 2021

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2713: Market Economy Sourcing Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-2713/
MLA
"S. 2713: Market Economy Sourcing Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2713/.
Bluebook (legal)
S. 2713, 117th Cong. (2026), https://openamerica.io/bill/117-S-2713/.
Markdown link
[S. 2713: Market Economy Sourcing Act](https://openamerica.io/bill/117-S-2713/)
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