H.R. 509 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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, Jan 16, 2025
1st SessionH. R. 509
A BILL
Western Hemisphere Nearshoring Act
Sponsor: Rep. Mark E. Green (R-TN-7) · Introduced Jan 16, 2025 · International Affairs · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jan 16, 2025: “Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.”
Sections
Sections · 11
- Sec. 1Short titleNo change
- Sec. 2FindingsNo change
- Sec. 3Use of United States International Development Finance Corporation funds to finance moving expenses and necessary workforce development costs incurred by companies moving from the People’s Republic of China to Latin America or the CaribbeanNo change
- Sec. 4Authority to provide duty-free treatment for goods and services of companies moving from the People’s Republic of China to Latin America or the CaribbeanNo change
- Sec. 5Additional conditions on receipt of assistance under section 3 and duty-free treatment (or other preferential treatment) under section 4No change
- Sec. 6Expenses paid for with tariffs collected from the People’s Republic of ChinaNo change
- Sec. 7Amendments to the BUILD Act of 2018No change
- Sec. 8Trade negotiating authorityNo change
- Sec. 9Agreements for cooperation pursuant to section 123 of the Atomic Energy Act of 1954No change
- Sec. 10Temporary increased expensing for relocating manufacturing from the People’s Republic of China to a Latin American or Caribbean countryNo change
- Sec. 11DefinitionsNo change