HR7373Referred to Committee

Trade Cheating Restitution Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-04
Introduced
3
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 (3)

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.

2026-02-04

Source: Congress.gov

Plain-English Summary

This bill would create a system to compensate American workers and businesses that have been harmed by unfair foreign trade practices, such as when other countries illegally subsidize their exports or dump cheap products on the U.S. market. The money for these payments would likely come from tariffs or penalties collected from countries found to be cheating on trade rules. Workers who lost jobs and companies that lost business due to these unfair practices could potentially receive financial restitution to help offset their losses.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Foreign Trade and International Finance
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Related legislation

Bills by the same sponsor or covering overlapping subjects.