HR 2378 · 111th Congress · Foreign Trade and International Finance

Currency Reform for Fair Trade Act

Introduced 2009-05-13· Sponsored by Rep. Ryan, Tim [D-OH-17]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Finance.(2010-09-29)

Recorded Votes

PassedHouse · 2010-09-29
Roll #554
Yea 348Nay 79
Democrats
0 Yea·0 Nay
Republicans
0 Yea·0 Nay
PassedHouse · 2010-09-29
Roll #554
Yea 348Nay 79
Democrats
0 Yea·0 Nay
Republicans
0 Yea·0 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] 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 Office

H.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, 2010

Cost 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