HR 1498 · 109th Congress 2005–2007, ended

Chinese Currency Act of 2005

Introduced Apr 6, 2005 Originated House Sponsor Tim Ryan D-OH

Latest action · Apr 21, 2005 Executive Comment Requested from DOD.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedApr 6, 2005
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Chinese Currency Act of 2005 - Amends the Tariff Act of 1930 regarding countervailing duty investigations to revise the definition of countervailable subsidy to include exchange-rate manipulation.

Defines "exchange-rate manipulation" as protracted large-scale intervention by an authority to undervalue its currency in the exchange market that prevents effective balance-of-payments adjustment or that gains an unfair competitive advantage over any other country.

Specifies factors for determining whether exchange-rate manipulation is occurring and a benefit thereby conferred.

Applies the definition of "exchange-rate manipulation" to the Government of the People's Republic of China (PRC) or any other public entity within its territory.

Specifies: (1) factors for determining whether exchange-rate manipulation is occurring in the PRC; (2) actions to be taken, if a petition for an investigation alleges and reasonably documents that it is occurring; and (3) the standard for presidential action to prevent or remedy the market disruption at issue (including import relief and its modification and extension).

Directs the Secretary of Defense, upon proper request or resolution, to report to the U.S. International Trade Commission any determination as to whether or not the articles of the PRC that are the subject of the investigation are like or directly competitive with domestically produced articles critical to the U.S. defense industrial base.

Prohibits the Secretary from procuring, directly or indirectly, such products if the Commission or the President or the U.S. Trade Representative makes an affirmative determination that the Secretary's determination is accurate.

Provides for presidential waiver of the prohibition in the national security interests of the United States.

Cosponsors 178

Members who signed on, in the order they did. Signatures ran from Apr 6, 2005 to Sep 27, 2006; 1 is an original cosponsor, there from the day it was introduced.

Seat	Cosponsor		Signed on
R-CA	Duncan Hunter	Original	Apr 6, 2005
I-VT	Bernard Sanders		Apr 12, 2005
D-NJ	Bill Pascrell, Jr.		Apr 12, 2005
R-SC	Bob Inglis		Apr 12, 2005
D-MN	Collin C. Peterson		Apr 12, 2005
R-CA	Dana Rohrabacher		Apr 12, 2005
R-CA	Darrell Issa		Apr 12, 2005
R-IL	Donald A. Manzullo		Apr 12, 2005
R-WI	F. James Sensenbrenner, Jr.		Apr 12, 2005
D-CA	Fortney Pete Stark		Apr 12, 2005
D-NJ	Frank Pallone, Jr.		Apr 12, 2005
R-PA	Jim Gerlach		Apr 12, 2005
R-VA	Jo Ann Davis		Apr 12, 2005
R-TN	John J. Duncan, Jr.		Apr 12, 2005
D-SC	John M. Spratt, Jr.		Apr 12, 2005
D-AR	Marion Berry		Apr 12, 2005
D-ME	Michael H. Michaud		Apr 12, 2005
D-OR	Peter A. DeFazio		Apr 12, 2005
D-IN	Peter J. Visclosky		Apr 12, 2005
R-CT	Rob Simmons		Apr 12, 2005
R-NC	Robin Hayes		Apr 12, 2005
D-OH	Sherrod Brown		Apr 12, 2005
R-OH	Steven C. LaTourette		Apr 12, 2005
R-NC	Sue Wilkins Myrick		Apr 12, 2005
D-OH	Ted Strickland		Apr 12, 2005
R-CO	Thomas G. Tancredo		Apr 12, 2005
D-IL	Daniel Lipinski		Apr 14, 2005
D-NC	G. K. Butterfield		Apr 14, 2005
D-MS	Gene Taylor		Apr 14, 2005
D-PA	Tim Holden		Apr 14, 2005
R-AZ	Trent Franks		Apr 14, 2005
D-CA	Hilda L. Solis		Apr 20, 2005
D-IL	Lane Evans		Apr 20, 2005
R-MI	Vernon J. Ehlers		Apr 20, 2005
R-VA	Virgil H. Goode Jr.		Apr 20, 2005
D-MI	Bart Stupak		Apr 28, 2005
D-FL	Kendrick B. Meek		Apr 28, 2005
R-TX	Louie Gohmert		Apr 28, 2005
D-GU	Madeleine Z. Bordallo		Apr 28, 2005
D-NJ	Robert E. Andrews		Apr 28, 2005
D-MO	Russ Carnahan		Apr 28, 2005
R-FL	Tom Feeney		Apr 28, 2005
R-IN	Dan Burton		May 10, 2005
D-MA	James P. McGovern		May 10, 2005
R-NY	John M. McHugh		May 10, 2005
R-GA	Lynn A. Westmoreland		May 10, 2005
R-IN	Mark E. Souder		May 10, 2005
R-OH	Robert W. Ney		May 10, 2005
D-CA	Susan A. Davis		May 10, 2005
R-MI	Thaddeus G. McCotter		May 10, 2005
R-GA	Tom Price		May 10, 2005
R-TN	Zach Wamp		May 10, 2005
R-KY	Harold Rogers		May 11, 2005
D-IL	Jesse L. Jackson, Jr.		May 11, 2005
R-NJ	Jim Saxton		May 11, 2005
R-NY	John R. "Randy" Kuhl Jr.		May 11, 2005
R-IN	Michael E. Sodrel		May 11, 2005
D-HI	Neil Abercrombie		May 11, 2005
R-TX	Michael T. McCaul		May 12, 2005
R-OH	Ralph Regula		May 12, 2005
R-MS	Roger F. Wicker		May 12, 2005
R-SC	Henry E. Brown, Jr.		May 19, 2005
R-SC	J. Gresham Barrett		May 19, 2005
R-MI	Candice S. Miller		May 23, 2005
D-CA	George Miller		May 23, 2005
D-WI	Gwen Moore		May 23, 2005
R-WI	Thomas E. Petri		May 23, 2005
R-SC	Joe Wilson		May 24, 2005
R-TX	Ralph M. Hall		May 24, 2005
R-NC	Walter B. Jones		May 24, 2005
R-NJ	Christopher H. Smith		May 26, 2005
R-NH	Jeb Bradley		May 26, 2005
R-UT	Rob Bishop		May 26, 2005
R-MD	Roscoe G. Bartlett		May 26, 2005
D-OH	Dennis J. Kucinich		Jun 8, 2005
R-OH	Paul E. Gillmor		Jun 8, 2005
R-NY	Sherwood Boehlert		Jun 8, 2005
R-PA	Todd Russell Platts		Jun 8, 2005
R-NC	Virginia Foxx		Jun 8, 2005
R-FL	Cliff Stearns		Jun 14, 2005
D-MI	Dale E. Kildee		Jun 14, 2005
D-CA	Jim Costa		Jun 14, 2005
R-MI	John J.H. "Joe" Schwarz		Jun 14, 2005
R-GA	Nathan Deal		Jun 14, 2005
R-AL	Spencer Bachus		Jun 14, 2005
R-VA	J. Randy Forbes		Jun 17, 2005
R-PA	John E. Peterson		Jun 17, 2005
D-PA	Michael F. Doyle		Jun 17, 2005
D-AL	Robert E. (Bud) Cramer Jr.		Jun 17, 2005
R-PA	Melissa A. Hart		Jun 20, 2005
R-PA	Michael G. Fitzpatrick		Jun 20, 2005
D-TX	Gene Green		Jun 23, 2005
R-LA	Rodney Alexander		Jun 23, 2005
R-MI	Fred Upton		Jun 29, 2005
D-IL	Jerry F. Costello		Jun 29, 2005
D-NY	Major R. Owens		Jun 29, 2005
D-OH	Marcy Kaptur		Jun 29, 2005
R-ID	Michael K. Simpson		Jun 29, 2005
R-NC	Patrick T. McHenry		Jun 29, 2005
R-GA	Phil Gingrey		Jun 29, 2005
D-MI	Carolyn C. Kilpatrick		Jun 30, 2005
D-NJ	Donald M. Payne		Jun 30, 2005
R-FL	Ginny Brown-Waite		Jul 12, 2005
D-MI	John D. Dingell		Jul 12, 2005
R-IL	John Shimkus		Jul 12, 2005
D-CA	Loretta Sanchez		Jul 18, 2005
D-AZ	Raúl M. Grijalva		Jul 18, 2005
D-NJ	Robert Menendez		Jul 18, 2005
D-MA	Barney Frank		Jul 20, 2005
R-PA	Tim Murphy		Jul 20, 2005
D-AL	Artur Davis		Jul 26, 2005
D-NJ	Rush Holt		Jul 26, 2005
D-FL	Alcee L. Hastings		Sep 7, 2005
D-FL	Corrine Brown		Sep 7, 2005
D-AZ	Ed Pastor		Sep 7, 2005
D-GA	Jim Marshall		Sep 7, 2005
D-IA	Leonard L. Boswell		Sep 7, 2005
D-CA	Linda T. Sánchez		Sep 7, 2005
R-WA	Cathy McMorris Rodgers		Sep 12, 2005
D-NY	Louise McIntosh Slaughter		Sep 12, 2005
D-NY	Michael R. McNulty		Sep 12, 2005
R-NE	Jeff Fortenberry		Sep 28, 2005
R-IL	Jerry Weller		Sep 28, 2005
D-MD	Albert Russell Wynn		Oct 6, 2005
R-ID	C. L. (Butch) Otter		Oct 6, 2005
D-TX	Chet Edwards		Oct 6, 2005
D-VI	Donna M. Christensen		Oct 6, 2005
D-NY	Edolphus Towns		Oct 6, 2005
D-CT	Rosa L. DeLauro		Oct 6, 2005
D-WV	Alan B. Mollohan		Oct 7, 2005
R-NJ	Frank A. LoBiondo		Oct 19, 2005
R-VA	Frank R. Wolf		Oct 19, 2005
D-CO	John T. Salazar		Oct 19, 2005
D-NY	Timothy H. Bishop		Oct 19, 2005
D-MO	Wm. Lacy Clay		Oct 19, 2005
D-MN	Betty McCollum		Oct 26, 2005
D-MA	John W. Olver		Oct 26, 2005
R-PA	Joseph R. Pitts		Oct 26, 2005
D-NJ	Steven R. Rothman		Oct 26, 2005
R-PA	Bill Shuster		Nov 10, 2005
D-IL	Janice D. Schakowsky		Nov 10, 2005
R-CO	Joel Hefley		Nov 10, 2005
D-GA	David Scott		Nov 16, 2005
D-MI	John Conyers, Jr.		Dec 6, 2005
R-TX	Sam Johnson		Dec 13, 2005
D-TX	Al Green		Feb 7, 2006
D-TN	Lincoln Davis		Feb 7, 2006
D-NY	Brian Higgins		Feb 15, 2006
R-NC	Howard Coble		Feb 15, 2006
R-AZ	Rick Renzi		Feb 15, 2006
D-WI	Tammy Baldwin		Feb 15, 2006
R-MO	W. Todd Akin		Feb 15, 2006
D-CA	Barbara Lee		Mar 7, 2006
D-NY	Carolyn B. Maloney		Mar 7, 2006
D-NY	Carolyn McCarthy		Mar 7, 2006
D-TX	Charles A. Gonzalez		Mar 7, 2006
R-AL	Jo Bonner		Mar 7, 2006
D-IL	Melissa L. Bean		Mar 16, 2006
D-MA	Bill Delahunt		Apr 6, 2006
D-CA	Juanita Millender-McDonald		Apr 6, 2006
D-LA	Charlie Melancon		Apr 25, 2006
R-PA	Curt Weldon		Apr 25, 2006
D-NC	David E. Price		Apr 26, 2006
D-GA	Sanford D. Bishop, Jr.		Apr 27, 2006
D-AR	Mike Ross		May 3, 2006
D-MA	Stephen F. Lynch		May 16, 2006
D-IN	Julia Carson		May 18, 2006
D-CA	Grace F. Napolitano		May 24, 2006
R-NY	Thomas M. Reynolds		Jun 15, 2006
R-VA	Bob Goodlatte		Jul 26, 2006
D-NC	Bob Etheridge		Sep 6, 2006
R-GA	Charles W. Norwood		Sep 6, 2006
D-TN	Bart Gordon		Sep 12, 2006
R-FL	C. W. Bill Young		Sep 13, 2006
D-VA	Robert C. "Bobby" Scott		Sep 19, 2006
D-PA	Allyson Y. Schwartz		Sep 20, 2006
D-PA	Robert A. Brady		Sep 25, 2006
R-PA	Charles W. Dent		Sep 27, 2006

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
House	Ways and Means Committee	Referred Apr 6, 2005
	Trade Subcommittee	Referred Apr 11, 2005
House	Armed Services Committee	Referred Apr 6, 2005

Actions 4

Everything that happened, newest first.

Apr 21, 2005Executive Comment Requested from DOD.
Apr 11, 2005Referred to the Subcommittee on Trade.
Apr 6, 2005Introduced in House
Apr 6, 2005Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, 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.

In the Congressional Record 2

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

Where	In the Record	Members	Date
House	Debate and remarks H6451	Fortney Pete Stark D-CA	Jul 26, 2005
House	Debate and remarks H3102–H3105	Tim Ryan D-OH	May 10, 2005

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Printed hearings 3

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

Number	Hearing	Committee	Held
Serial No. 109-61	CHINESE BARRIERS TO TRADE: DOES CHINA PLAY FAIR?76 pages	Small Business Committee	Jul 20, 2006
Serial No. 109-18	DOES CHINA ENACT BARRIERS TO FAIR TRADE?192 pages	Small Business Committee	May 26, 2005
Serial No. 109-13	UNITED STATES-CHINA ECONOMIC RELATIONS AND CHINA'S ROLE IN THE WORLD ECONOMY205 pages	Ways and Means Committee	Apr 14, 2005

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

Product	Title	Kind	Published
RL31403	China’s Trade with the United States and the World Archived	Report	Jan 4, 2007

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced: To clarify that exchange-rate manipulation by the People's Republic of China is actionable under the countervailing duty provisions and the product-specific safeguard mechanisms of the trade laws of the United States, and for other purposes.
Short Titles as Introduced: Chinese Currency Act of 2005

Subjects

Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.

Text 1

Each version as it was printed, newest first.

Apr 6, 2005Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.