Ask AI
H.R. 2701

To direct the President to impose duties on merchandise from the People's Republic of China in an amount equivalent to the estimated annual loss of revenue to holders of United States intellectual property rights as a result of violations of such intellectual property rights in China, and for other purposes.

Directs the U.S. Trade Representative (USTR) to report to Congress annually on the estimated annual loss of revenue to holders of U.S. intellectual property rights as a result of intellectual property rights violations in China.

Requires the USTR to: (1) impose duties on merchandise from China in an amount equivalent to the estimated annual loss of revenue to holders of U.S. intellectual property rights as a result of such violations, and (2) distribute the proceeds of such duties to such U.S. intellectual property rights holders on a proportional basis.

Referred to the Subcommittee on Trade.

Rep. King, Steve [R-IA-4](R-IA)Sponsor
1committees4actions6subjects
  1. Committee

    Referred to the Subcommittee on Trade.

    Trade Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

To direct the President to impose duties on merchandise from the People's Republic of Chin… — Informed