HR2459Referred to Committee

Reclaim Trade Powers Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-27
Introduced
21
Cosponsors
HR
ⓘ
Type

Sponsor

Jimmy Panetta
Jimmy Panetta
Democrat · CA · Representative
Votes with party: 93.8% (608 recorded votes)

Full profile: /officials/P000613

Source: Congress.gov · FEC

Cosponsors (21)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-03-27

Source: Congress.gov

Committee Activity

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Plain-English Summary

Reclaim Trade Powers Act This bill repeals the statute that directs the President to take certain actions, such as imposing a tariff of up to 15% for up to 150 days on articles imported into the United States, when necessary to address large and serious U.S. balance-of-payments deficits or certain other situations that present fundamental international payments problems.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Foreign Trade and International Finance
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Related legislation

Bills by the same sponsor or covering overlapping subjects.