HR722-118

Introduced

To decrease dependency on People’s Republic of China manufacturing and decrease migration due to lost regional economic opportunities.

118th Congress Introduced Feb 1, 2023

Summary

What This Bill Does

The bill requires findings Congress finds the following: Our neighbors in the Western Hemisphere play a vital role in ensuring peace, security, and democracy, provides use of United States International Development Finance Corporation funds to finance moving expenses and necessary workforce development costs incurred by companies moving from the People’s Republic of China, and provides authority to provide duty-free treatment for goods and services of companies moving from the People’s Republic of China to Latin America or the Caribbean Notwithstanding any other provision of law. It relies on compliance mandates, appropriations, definition changes, and trade restrictions. The main policy areas are Foreign Businesses, Finance, Foreign Policy, and Environment.

Who Benefits and How

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

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Environmental and public health interests affected by the bill would take on compliance duties, and Public beneficiaries or protected communities affected by the clause could face increased risk.

Key Provisions

  • Requires findings Congress finds the following: Our neighbors in the Western Hemisphere play a vital role in ensuring peace, security, and democracy.
  • Provides use of United States International Development Finance Corporation funds to finance moving expenses and necessary workforce development costs incurred by companies moving from the People’s Republic of China...
  • Provides authority to provide duty-free treatment for goods and services of companies moving from the People’s Republic of China to Latin America or the Caribbean Notwithstanding any other provision of law...
  • Provides additional conditions on receipt of assistance under section 3 and duty-free treatment (or other preferential treatment) under section 4 The appropriate Federal agency may not provide assistance under section 3...
  • Provides expenses paid for with tariffs collected from the People’s Republic of China There is established in the Treasury of the United States a trust fund consisting of such amounts as are appropriated to such trust...

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 requires findings Congress finds the following: Our neighbors in the Western Hemisphere play a vital role in ensuring peace, security, and democracy, provides use of United States International Development Finance Corporation funds to finance moving expenses and necessary workforce development costs incurred by companies moving from the People’s Republic of China, and provides authority to provide duty-free treatment for goods and services of companies moving from the People’s Republic of China to Latin America or the Caribbean Notwithstanding any other provision of law.

Key Policy Areas

Foreign Businesses, Finance, Foreign Policy, Environment

Primary Purpose

The bill requires findings Congress finds the following: Our neighbors in the Western Hemisphere play a vital role in ensuring peace, security, and democracy, provides use of United States International Development Finance Corporation funds to finance moving expenses and necessary workforce development costs incurred by companies moving from the People’s Republic of China, and provides authority to provide duty-free treatment for goods and services of companies moving from the People’s Republic of China to Latin America or the Caribbean Notwithstanding any other provision of law.

Policy Domains

Foreign Businesses Finance Foreign Policy Environment

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
  • Foreign businesses and cross-border trade participants affected by the bill
  • Businesses and employers affected by the bill
  • National security and critical infrastructure stakeholders affected by the bill
  • Immigrants, asylum seekers, and border communities affected by the bill
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: , , ,
Immigrants, asylum seekers, and border communities affected by the bill:
Foreign businesses and cross-border trade participants affected by the bill: , ,
National security and critical infrastructure stakeholders affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Environmental and public health interests affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • National security and critical infrastructure stakeholders affected by the bill
  • Lobbyists, political organizations, and disclosure users affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Environmental and public health interests affected by the bill: ,
Public beneficiaries or protected communities affected by the clause: ,
Federal, state, or local agencies responsible for implementing the clause: , , , , , , , ,
Lobbyists, political organizations, and disclosure users affected by the bill:
National security and critical infrastructure stakeholders affected by the bill:

Legislative Progress

Introduced
Introduced Committee Passed
Feb 1, 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
Foreign Businesses Finance Foreign Policy Environment

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