Politiparty
Politiparty

118th Congress Foreign Trade and International Finance

S. 1856: Leveling the Playing Field 2.0 Act

Introduced

  1. Introduced (completed)Jun 7, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jun 7, 2023

Leveling the Playing Field 2.0 Act

This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty law. Antidumping provides relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty provides such relief from imports of products subsidized by a foreign government or public entity.

Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a time line for the Department of Commerce to issue determinations in successive investigations.

Read the full summary

Among other provisions, the bill authorizes Commerce to

  • apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a third country,
  • use another method for calculating the cost of production in specific circumstances, and
  • require importers to provide a certification that the imported merchandise is not subject to an antidumping or countervailing duty order.

Additionally, the bill statutorily establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations.

The bill also provides statutory authority for Commerce to investigate currency undervaluation as a countervailable subsidy.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

20

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Sherrod Brown D-OH SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Sherrod Brown

History

  1. Jun 7, 2023Introduced in the Senate by Sherrod Brown.
Show the full action history (2 actions)
  1. Jun 7, 2023Introduced in Senate
  2. Jun 7, 2023Read twice and referred to the Committee on Finance.