H.R.1498: Chinese Currency Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about law
  • Introduced April 6, 2005
  • Latest Major Action April 21, 2005

Bill Sponsor

Bill Cosponsors

179 (94 Democrats, 1 Independent Democrat, 85 Republicans)

Bill Summary

Chinese Currency Act of 2005 - Amends the Tariff Act of 1930 regarding countervailing duty investigations to revise the definition of countervailable subsidy to include exchange-rate manipulation. Defines "exchange-rate manipulation" as protracted large-scale intervention by an authority to undervalue its currency in the exchange market that prevents effective balance-of-payments adjustment or that gains an unfair competitive advantage over...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, 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.
Referred to House Ways and Means
Referred to House Armed Services
Referred to the Subcommittee on Trade.
Executive Comment Requested from DOD.
April 6, 2005

Introduced in the House by Tim Ryan (D-Ohio)

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