US SB1238 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on June 21 2011 - 25% progression, died in committee
Action: 2011-06-21 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Currency Exchange Rate Transparency Act - Subjects any bill implementing a trade agreement between the United States and another country (or extending permanent normal trade relations) to a point of order unless the bill is accompanied by a Presidential certification, approved by Congress, stating that, in the 10 years prior to the certification, the government of the country has not engaged in the intervention or manipulation of the rate of exchange between its currency and the U.S. dollar in order to prevent effective balance of payments adjustments or gain unfair competitive advantage in international trade.

Tracking Information

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Title

Currency Exchange Rate Transparency Act

Sponsors


History

DateChamberAction
2011-06-21SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB3347 (Related) 2012-06-27 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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