HR 2378 · 111th Congress · Foreign Trade and International Finance
Currency Reform for Fair Trade Act
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Finance.(2010-09-29)
Recorded Votes
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Plain Language Summary
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Currency Reform for Fair Trade Act - Amends the Tariff Act of 1930 to require the administering authority to: (1) determine, based on certain requirements, whether the exchange rate of the currency of an exporting country is fundamentally and actionably undervalued or overvalued (misaligned) against the U.S. dollar for an 18-month period; and (2) take certain actions under a countervailing duty or antidumping duty proceeding to offset such misalignment in cases of an affirmative determination. Subjects the misalignment to the U.S. dollar of the currency of nonmarket economy countries also to the countervailing and antidumping duty provisions of the Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2378, Currency Reform for Fair Trade Act
Sep 28, 2010<p>Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on September 24, 2010</p>
Full CBO report ↗H.R. 2378, Currency Reform for Fair Trade Act
Sep 28, 2010Cost estimate for the bill as ordered reported by the House Committee on Ways and Means on September 24, 2010
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
12 Democrats8 Republicans