Bill115th CongressFiled Feb 16, 2017Foreign Trade and International Finance
S. 408
Presidential Trade Transparency Act of 2017
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Feb 16, 2017)
Presidential Trade Transparency Act of 2017
This bill requires the President to submit to Congress a report containing a full and complete statement of the President's income earned, assets held, and liabilities owed in the preceding 12 months that are associated with a foreign country:
- with which the United States is negotiating a trade or investment agreement,
- that is subject to a presidential trade enforcement action determination modifying the tariff treatment of imported articles from such country, or
- that is designated as eligible for preferential trade treatment under a trade preference program.
If the President fails to report such information to Congress:
- any instrument providing for the modification of such tariff treatment shall have no force or effect, and
- the bill implementing such a trade or investment agreement shall not be eligible for trade authorities (fast track) procedures under the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
What just happenedFeb 16, 2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)
Who’s behind it
Sen. Wyden, Ron [D-OR](D-OR)Sponsor
13 cosponsors13 D
13cosponsors1committees2actions1related bills20subjects
- Introduced in SenateFeb 16, 2017
- Feb 16, 2017IntroReferral
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)
Finance Committee - Feb 16, 2017IntroReferral10000
Introduced in Senate