118th Congress International Affairs
H.R. 722: Western Hemisphere Nearshoring Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill provides assistance for corporations to move operations from China to countries in Latin America or the Caribbean and addresses related issues.
For example, the bill requires the U.S. International Development Finance Corporation to provide financing and other assistance to eligible corporations for costs associated with such a move. Tariffs collected for goods manufactured in China shall be used to pay for such assistance.
The President may provide preferential treatment, including duty-free treatment, for goods produced in a Latin American or Caribbean country by a corporation that received relocation assistance under this bill.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Carlos Gimenez R-FL
- Garland Barr R-KY
Who scored on this bill
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History
- Introduced in the House by Mark Green.
Show the full action history (3 actions)
- Referred to the Subcommittee on Trade.
- Introduced in House
- Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.