House Bill 6124
116th Congress(2019-2020)
Assistance for Firms Harmed by Tariffs on Exports Act
Introduced
Introduced in House on Mar 5, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6124
Congress
116
Policy Area
Foreign Trade and International Finance
Foreign Trade and International Finance
Primary focus of measure is competitiveness, trade barriers and adjustment assistance; foreign loans and international monetary system; international banking; trade agreements and negotiations; customs enforcement, tariffs, and trade restrictions; foreign investment. Measures concerning border enforcement may fall under Immigration policy area.
No House votes have been held for this bill.
Summary
Assistance for Firms Harmed by Tariffs on Exports Act
This bill provides financial assistance to companies harmed by retaliatory foreign tariffs.
Specifically, it expands the Trade Adjustment Assistance for Firms program, which currently provides such assistance to companies adversely affected by competing imported goods and services.
The bill authorizes companies that have seen a significant decrease in sales of exported goods or services, in whole or in part as a result of tariffs imposed by foreign countries in response to U.S. tariff increases, to petition the Department of Commerce for trade adjustment assistance.
March 5, 2020
03/05/2020
Referred to the House Committee on Ways and Means.
03/05/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:17:34 PM