H.R. 2459

119th CONGRESS 1st Session

To amend the Trade Act of 1974 to eliminate the authority to impose certain import surcharges to address balance of payments deficits, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · March 27, 2025 · Sponsor: Mr. Panetta · Committee: Committee on Ways and Means

Table of contents

• H.R. 2459
  • SEC. 1. Short title
  • SEC. 2. Elimination of balance of payments authority

SEC. 1. Short title

• This Act may be cited as the Reclaim Trade Powers Act.

SEC. 2. Elimination of balance of payments authority

• Section 122 of the Trade Act of 1974 () is repealed. 19 U.S.C. 2132