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S. 408

Presidential Trade Transparency Act of 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.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)

Sen. Wyden, Ron [D-OR](D-OR)Sponsor
13 cosponsors13 D
13cosponsors1committees2actions1related bills20subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1306)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Presidential Trade Transparency Act of 2017 — Informed