Fair Trade with China Enforcement Act
Latest action · May 10, 2018 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2625-2627)
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.
- IntroducedMay 10, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Fair Trade with China Enforcement Act
This bill revises trade, finance, and tax provisions with respect to China.
The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China.
The bill amends the Securities Exchange Act of 1934 to place a shareholder cap on Chinese investments in certain U.S. corporations.
Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China.
The bill amends the Trade Act of 1974 to require the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill amends the Tariff Act of 1930 to expedite the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list.
The bill amends the Internal Revenue Code to:
- repeal certain reduced withholding rates for residents of China,
- tax income received by China from certain U.S. investments, and
- tax income derived from certain Chinese investments.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred May 10, 2018 |
Actions 2
Everything that happened, newest first.
- May 10, 2018Introduced in Senate
- May 10, 2018Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2625-2627)
In the Congressional Record 1
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 |
|---|---|---|---|
| Senate | Debate and remarks S2625–S2627 | Marco Rubio R-FL | May 10, 2018 |
Related bills 5
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2 | Fair Trade with China Enforcement Act | Reintroduced Bill | Feb 27, 2019 |
| S 2391 | Defending U.S. Government Communications Act | Related bill | Feb 7, 2018 |
| S 3361 | Fair Trade with China Enforcement Act | Related bill | Aug 21, 2018 |
| HR 4747 | Defending U.S. Government Communications Act | Related bill | Jan 9, 2018 |
| HR 6001 | Fair Trade with China Enforcement Act | Related bill | Jun 8, 2018 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to safeguard certain technology and intellectual property in the United States from export to or influence by the People's Republic of China and to protect United States industry from unfair competition by the People's Republic of China, and for other purposes.
- Short Titles as Introduced
- Fair Trade with China Enforcement Act
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Agricultural equipment and machinery
- Alliances
- Asia
- Aviation and airports
- China
- Competitiveness, trade promotion, trade deficits
- Computers and information technology
- Electric power generation and transmission
- Energy storage, supplies, demand
- Foreign and international banking
- Foreign and international corporations
- Foreign Trade and International Finance
- Free trade and trade barriers
- Genetics
- Health technology, devices, supplies
- Hong Kong
- Human rights
- Hybrid, electric, and advanced technology vehicles
- Income tax exclusion
- Income tax rates
- Industrial policy and productivity
- Intellectual property
- Internet and video services
- Internet, web applications, social media
- Manufacturing
- Marine and inland water transportation
- Materials
- Military procurement, research, weapons development
- Motor vehicles
- Protest and dissent
- Railroads
- Securities
- Sovereignty, recognition, national governance and status
- Tariffs
- Taxation of foreign income
- Technology transfer and commercialization
- Telephone and wireless communication
- Trade restrictions
- U.S. and foreign investments
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- May 10, 2018Introduced in Senate
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.
