S.796: Fair Currency Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced March 7, 2007
  • Latest Major Action March 7, 2007

Bill Sponsor

Bill Summary

Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
March 7, 2007

Introduced in the Senate by Jim Bunning (R-Ky.)

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