HR 4407 · 97th Congress · Foreign Trade and International Finance

A bill to amend the Trade Act of 1974 in order to authorize the President to respond to foreign practices which unfairly discriminate against United States investment abroad.

Introduced 1981-08-04· Sponsored by Rep. Schulze, Richard T. [R-PA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from State, Treasury, Commerce, Labor, US Intl Trade Comm, US Trade Rep.(1981-08-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Trade Act of 1974 to authorize the President to restrict direct investment in the United States by a foreign country, its nationals or citizens, or by persons organized under its laws if the President determines such action is necessary to enforce U.S. rights under a trade agreement with such country.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

8 Democrats12 Republicans