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HR 1137 118th Congress House Foreign Trade and International Finance China Competitiveness, trade promotion, trade deficits Congressional oversight Government lending and loan guarantees Trade agreements and negotiations Trade restrictions

Neutralizing Unfair Chinese Export Subsidies Act of 2023

Introduced: February 21, 2023 Introduced by: Nunn, Zachary Republican · Iowa See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 21, 2023
Referred to the House Committee on Financial Services.
Feb 21, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Neutralizing Unfair Chinese Export Subsidies Act of 2023

This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing.

Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies.

Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to Treasury.

What's happening now February 21, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1