Bill Summary
This bill, called the "Prevent Tariff Abuse Act," aims to amend the International Emergency Economic Powers Act (IEEPA) by prohibiting the President from imposing duties, tariff-rate quotas, or other quotas on goods entering the United States under this act. The IEEPA currently grants the President the authority to take certain economic actions during emergencies, and this bill aims to limit this power by excluding the imposition of duties and import quotas. This bill would prevent the President from using trade policies as a means of addressing an international economic crisis and would require other forms of action to be taken.
Possible Impacts
1. The Prevent Tariff Abuse Act could affect people by limiting the power of the President to impose import duties and quotas, which could potentially lead to lower prices for imported goods and increased access to a wider range of products for consumers.
2. The Act could also have an impact on domestic industries, as it may result in decreased protection against foreign competition and potentially harm the competitiveness of certain American businesses.
3. The legislation could also affect the economy as a whole by potentially creating a more open market for international trade, leading to changes in job opportunities and economic growth.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 407 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 407
To exclude the imposition of duties and import quotas from the
authorities provided to the President under the International Emergency
Economic Powers Act.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 15, 2025
Ms. DelBene (for herself, Mr. Beyer, Mr. Panetta, Mr. Schneider, Ms.
Chu, Mr. Larson of Connecticut, Ms. Sewell, Mr. Horsford, Ms. Salinas,
Mr. Larsen of Washington, and Mr. Kennedy of New York) introduced the
following bill; which was referred to the Committee on Foreign Affairs,
and in addition to the Committee on Ways and Means, for a period to be
subsequently determined by the Speaker, in each case for consideration
of such provisions as fall within the jurisdiction of the committee
concerned
_______________________________________________________________________
A BILL
To exclude the imposition of duties and import quotas from the
authorities provided to the President under the International Emergency
Economic Powers Act.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Prevent Tariff Abuse Act''.
SEC. 2. PROHIBITION ON THE IMPOSITION OF IMPORT DUTIES AND QUOTAS FROM
PRESIDENTIAL AUTHORITIES UNDER THE INTERNATIONAL
EMERGENCY ECONOMIC POWERS ACT.
Section 203 of the International Emergency Economic Powers Act (50
U.S.C. 1702) is amended--
(1) by redesignating subsection (c) as subsection (d); and
(2) by inserting after subsection (b) the following:
``(c) The authority granted to the President by this section does
not include the authority to impose duties, tariff-rate quotas, or
other quotas on articles entering the United States.''.
<all>