Reclaim Trade Powers Act
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
This bill, Reclaim Trade Powers Act, changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade.
Who Benefits and How
importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id2cf0af1c467c4567b0cb700541a02a08: 1. Short title This Act may be cited as the Reclaim Trade Powers Act.
- Section id2fa5e5718b2d479f9e7b03dd7bc67ac2: 2. Repeal of balance-of-payments authority Section 122 of the Trade Act of 1974 (19 U.S.C. 2132) is repealed. The table of contents for the Trade Act of 1974...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, Reclaim Trade Powers Act, changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Key Policy Areas
Trade
Primary Purpose
This bill, Reclaim Trade Powers Act, changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- importers, exporters, and commercial firms
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- importers, exporters, and commercial firms
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Mr. Kaine (for himself, Mr. Warnock, Mr. Wyden, Mr. King, …
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
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