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Politiparty

118th Congress Foreign Trade and International Finance

H.R. 1137: Neutralizing Unfair Chinese Export Subsidies Act of 2023

Introduced

  1. Introduced (completed)Feb 21, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 21, 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.

Written by the Congressional Research Service, Library of Congress.

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Other bills by Zachary (Zach) Nunn

History

  1. Feb 21, 2023Introduced in the House by Zachary (Zach) Nunn.
Show the full action history (2 actions)
  1. Feb 21, 2023Introduced in House
  2. Feb 21, 2023Referred to the House Committee on Financial Services.