United States · Bill · S
S. 2713 (117th)
Market Economy Sourcing Act
Introduced
13 September 2021
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Market Economy Sourcing Act This bill limits the content from nonmarket economy countries that may be included in free trade agreement qualifying goods. A nonmarket economy country is a foreign country that does not operate on market principles of cost or pricing structures, so that sales of merchandise in such country do not reflect the fair price of the merchandise. The bill requires that, during the five-year period following entry into force of a free trade agreement, no more than 20% of a qualifying good may originate in a nonmarket economy country, and no more than 10% thereafter.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 13 September 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 13 September 2021
Introduced in Senate
summary · EN · 13 September 2021
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/2713
- Open data entity: https://api.congress.gov/v3/bill/117/s/2713