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Neutralizing Unfair Chinese Export Subsidies Act of 2021

USA117th CongressHR-5790| House 
| Updated: 10/28/2021
Lee M. Zeldin

Lee M. Zeldin

Republican Representative

New York

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Neutralizing Unfair Chinese Export Subsidies Act of 2021 This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing. Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies. Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to Treasury.
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Timeline

Bill from Previous Congress

HR 116-5846
Neutralizing Unfair Chinese Export Subsidies Act of 2020
Oct 28, 2021
Introduced in House
Oct 28, 2021
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-5846
    Neutralizing Unfair Chinese Export Subsidies Act of 2020


  • October 28, 2021
    Introduced in House


  • October 28, 2021
    Referred to the House Committee on Financial Services.

Foreign Trade and International Finance

ChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightGovernment lending and loan guaranteesTrade agreements and negotiationsTrade restrictions

Neutralizing Unfair Chinese Export Subsidies Act of 2021

USA117th CongressHR-5790| House 
| Updated: 10/28/2021
Neutralizing Unfair Chinese Export Subsidies Act of 2021 This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing. Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies. Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to Treasury.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-5846
Neutralizing Unfair Chinese Export Subsidies Act of 2020
Oct 28, 2021
Introduced in House
Oct 28, 2021
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-5846
    Neutralizing Unfair Chinese Export Subsidies Act of 2020


  • October 28, 2021
    Introduced in House


  • October 28, 2021
    Referred to the House Committee on Financial Services.
Lee M. Zeldin

Lee M. Zeldin

Republican Representative

New York

Financial Services Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
ChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightGovernment lending and loan guaranteesTrade agreements and negotiationsTrade restrictions