Tariff Inversion Jobs Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 4, 2017)
Tariff Inversion Jobs Act of 2017
This bill directs the U.S. International Trade Commission to submit to Congress a report that: (1) identifies tariff inversions in the Harmonized Tariff Schedule of the United States (HTS) that create an incentive for U.S. companies to move production out of the United States, and (2) includes recommendations for measures that could be taken to eliminate such inversions.
Tariff inversions occur when the duty rate for the final product is lower than the duty rate of the component parts.
The bill amends the HTS to provide for the duty-free treatment of flat panel displays and main boards for televisions.
What just happenedMay 19, 2017
Referred to the Subcommittee on Trade.
Who’s behind it
- Introduced in HouseMay 4, 2017
- May 19, 2017Committee
Referred to the Subcommittee on Trade.
Trade Subcommittee - May 4, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 4, 2017IntroReferralIntro-H
Introduced in House
- May 4, 2017IntroReferral1000
Introduced in House