118th Congress · HOUSE BILLBILL

H.R. 1135Countering Economic Coercion Act of 2023

To grant certain authorities to the President to combat economic coercion by foreign adversaries, and for other purposes.

Foreign trade and international finance
Introduced Feb 21, 2023
Last action Dec 17, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 21, 2023
Step 2
Referred
Dec 17, 2024
Financial Services · Foreign Affairs · Rules +1
Step 3
Committee
Dec 13, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill authorizes the President to take certain actions to assist foreign trading partners affected by economic coercion and penalize foreign adversaries. Economic coercion refers to actions, practices, or threats undertaken by a foreign adversary to unreasonably restrain, obstruct, or manipulate trade, foreign aid, investment, or commerce with the intent to cause economic harm to achieve strategic political objectives or influence sovereign political actions. Specifically, the bill authorizes the President (upon a determination that a foreign trading partner is subject to economic coercion) to exercise specified authorities to support or assist the foreign trading partner. These authori...

Provisions · 3 sectionsReported to House
Timeline · 8 actions
Dec 17, 2024
Referred to the Subcommittee on Trade.
Dec 13, 2023
Committee Consideration and Mark-up Session Held
Dec 13, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 35 - 8.
Feb 21, 2023
Introduced in House
Feb 21, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Financial Services, and Rules, 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.
Feb 21, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Financial Services, and Rules, 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.
Feb 21, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Financial Services, and Rules, 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.
Feb 21, 2023
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Financial Services, and Rules, 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.