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HOUSE 1172115th CongressReferred to the Subcommittee on Trade.

Presidential Trade Transparency Act of 2017

Last Action
3/3/2017

Actions

  • 2017-03-03Referred to the Subcommittee on Trade.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Introduced in House
  • 2017-02-16Introduced in House

CRS Summary

As of 2017-02-16 (00)

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.

Cosponsors (20)

  • WILLIAM PASCRELL (D-NJ)
  • SANDER LEVIN (D-MI)
  • JOHN LEWIS (D-GA)
  • LLOYD DOGGETT (D-TX)
  • MIKE THOMPSON (D-CA)
  • JOHN LARSON (D-CT)
  • EARL BLUMENAUER (D-OR)
  • RON KIND (D-WI)
  • JOSEPH CROWLEY (D-NY)
  • DANNY DAVIS (D-IL)
  • Linda Sánchez (D-CA)
  • Brian Higgins (D-NY)
  • Suzan DelBene (D-WA)
  • Terri Sewell (D-AL)
  • Judy Chu (D-CA)
  • Suzanne Bonamici (D-OR)
  • David Cicilline (D-RI)
  • SUSAN DAVIS (D-CA)
  • ROSA DELAURO (D-CT)
  • Mark DeSaulnier (D-CA)

Subjects

  • Africa
  • Asia
  • Bank accounts, deposits, capital
  • Caribbean area
  • Competitiveness, trade promotion, trade deficits
  • Congressional oversight
  • Congressional-executive branch relations
  • Financial services and investments
  • Foreign and international banking
  • Free trade and trade barriers
  • Government ethics and transparency, public corruption
  • Latin America
  • Nepal
  • Presidents and presidential powers, Vice Presidents
  • Securities
  • Tariffs
  • Trade agreements and negotiations
  • Trade restrictions
  • U.S. and foreign investments
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.