Bill119th Congress
S. 4049
Reclaim Trade Powers Act
Introduced
Mar 11, 2026
Origin Chamber
Senate
Policy Area
Foreign Trade and International Finance
Latest Action
Mar 11, 2026
Latest Action
Read twice and referred to the Committee on Finance.
Sponsor
Sen. Kaine, Tim [D-VA]
Democrat·VA
Bioguide ID: K000384
First Name: Timothy
Middle Name: M.
Last Name: Kaine
By Request: N
15
Cosponsors
1
Committees
2
Actions
0
Amendments
0
Related Bills
0
Subjects
1
Summaries
3
Titles
1
Text Versions
Bill Details
- Update Date
- Mar 24, 2026
- Origin Chamber
- Senate
- Bill Type
- S
- Bill Number
- 4,049
- Congress
- 119
- Introduced Date
- Mar 11, 2026
- Policy Area
- Foreign Trade and International Finance
- Is Law
- No
Mar 11, 2026IntroReferral
Read twice and referred to the Committee on Finance.
Source: Senate
Mar 11, 2026IntroReferral10000
Introduced in Senate
Source: Library of Congress
Introduced in Senate· Mar 11, 20260
Reclaim Trade Powers Act
This bill repeals the statute that directs the President to take certain actions, such as imposing a tariff of up to 15% for up to 150 days on articles imported into the United States, when necessary to address large and serious U.S. balance-of-payments deficits or certain other situations that present fundamental international payments problems.
Finance Committee
Senate· Standing
Introduced in Senate
Mar 11, 2026