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legislation: 117-hr-6309

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
117-hr-6309 117 hr 6309 TEAMS Act Foreign Trade and International Finance 2021-12-16 2021-12-16 Referred to the House Committee on Ways and Means. House Rep. Kinzinger, Adam [R-IL-16] IL R K000378 0 Trade Encourages Allied Manufacturing and Security Act or the TEAMS Act This bill directs the U.S. Trade Representative (USTR) to take certain actions to strengthen supply chains for critical goods. It also incentivizes the manufacturing of critical goods. Specifically, the bill requires the USTR to develop and implement a strategy to support the resilience, diversity, security, and strength of supply chains. This strategy must be submitted to Congress and published on the USTR's website. Additionally, the bill authorizes the USTR to provide duty-free treatment for any eligible article (i.e., any critical good that is the growth, product, or manufacture of a beneficiary country) from any ally or key international partner. This authority terminates on September 30, 2030. The bill temporarily allows for increased expensing of the costs of certain qualified manufacturing property. The bill also allows a new tax credit for American security products manufactured in the United States or in ally or key international partner countries. 2022-12-30T03:04:01Z  

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  • 3 rows from bill_id in legislation_actions
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