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HR 5188 118th Congress House Foreign Trade and International Finance

Congressional Trade Authority Act of 2023

Introduced: August 11, 2023 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Trade.
Aug 11, 2023
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
Aug 11, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Congressional Trade Authority Act of 2023

This bill requires congressional approval for a presidential import adjustment due to a national security threat from an import related to military equipment, energy resources, or critical infrastructure essential to national security. Specifically, the bill requires the President to submit a proposal to Congress, which Congress may approve by a joint resolution. Under current law, the President determines whether any adjustment of an import is necessary and must submit to Congress the reasons for any action taken or not taken.

The Department of Defense (currently, the Department of Commerce) must investigate the effect of these imports on national security.

The bill retroactively applies to any proposed action made six years before enactment of this bill.

What's happening now December 17, 2024

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 3
 Cosponsors 5
All 5 Democratic 2 Republican 3