HR1676-118

Introduced

To allow expensing of amounts paid to move business property from China to the United States, and for other purposes.

118th Congress Introduced Mar 21, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill provides expensing of amounts paid to move business property from China to the United States. It relies on appropriations, tax deductions, compliance mandates, and tariffs. The main policy areas are Business, Finance, and Foreign Policy.

Who Benefits and How

Foreign businesses and cross-border trade participants affected by the bill could gain revenue opportunities, Businesses and employers affected by the bill could gain revenue opportunities, and Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Provides expensing of amounts paid to move business property from China to the United States.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill provides expensing of amounts paid to move business property from China to the United States.

Key Policy Areas

Business, Finance, Foreign Policy

Primary Purpose

The bill provides expensing of amounts paid to move business property from China to the United States.

Policy Domains

Business Finance Foreign Policy

Whole bill

Identified Gains
  • Foreign businesses and cross-border trade participants affected by the bill
  • Businesses and employers affected by the bill
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Businesses and employers affected by the bill:
Public beneficiaries or protected communities affected by the clause:
Foreign businesses and cross-border trade participants affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 21, 2023

Mr. Green of Tennessee introduced the following bill; which was …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Business Finance Foreign Policy

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology