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S 2937 118th Congress Senate Foreign Trade and International Finance

Increasing American Ferrosilicon Production Act

Introduced: September 27, 2023 See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 27, 2023
Read twice and referred to the Committee on Finance.
Sep 27, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

Increasing American Ferrosilicon Production Act

This bill requires certain actions related to trade with Russia and Belarus, including by requiring an increase in the rate of duty for certain types of ferrosilicon. (Ferrosilicon is an alloy of iron and silicon.)

Specifically, the bill directs the President to proclaim an increase in the rate of duty applicable to ferrosilicon that is (1) classified under subheading 7202.21.50 of the Harmonized Tariff Schedule of the United States, and (2) produced in Russia or Belarus. This rate of duty shall be 35% ad valorem.

Additionally, the bill extends through January 1, 2025, the authority of the President to proclaim increased rates of duty for all products of Russia or Belarus. (Currently, this authority terminates on January 1, 2024.)

The bill requires the Office of the U.S. Trade Representative (USTR) to carry out a public comment period regarding which products of Russia or Belarus are also produced in the United States and, for each product, the ability of U.S. producers to increase production in order to meet U.S. demand. If the USTR determines that U.S. producers have the ability to increase production to meet U.S. demand for a product, then the USTR must notify Congress and indicate whether the President will proclaim an increase in the rate of duty applicable to products of Russia or Belarus. If the President will not proclaim such an increase, then the USTR must explain the reasoning for the decision.

What's happening now September 27, 2023

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 5766 Identical bill Increasing American Ferrosilicon Production Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 4

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

 Cosponsors 2
All 2 Republican 2
R
Capito, Shelley Moore
West Virginia · Mar 6, 2024
 R
Tuberville, Tommy
Alabama · Sep 27, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2937: Increasing American Ferrosilicon Production Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2937/
MLA
"S. 2937: Increasing American Ferrosilicon Production Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2937/.
Bluebook (legal)
S. 2937, 118th Cong. (2026), https://openamerica.io/bill/118-S-2937/.
Markdown link
[S. 2937: Increasing American Ferrosilicon Production Act](https://openamerica.io/bill/118-S-2937/)
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