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HR 591 · in committee · major

Defending American Jobs and Investment Act

What this bill does

  • The bill requires the Treasury Department to identify foreign countries with unfair tax policies that discriminate against Americans.
  • It affects U.S. businesses, investors, and citizens dealing with foreign countries that have extraterritorial or discriminatory taxes.
  • The bill increases tax rates on foreign entities from listed countries and gives the President tools to restrict government contracts and trade deals.

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Community Threads

Started by Cosponsor

  1. 01

    Which foreign tax practices should qualify as unfair enough to trigger U.S. trade restrictions under this bill?

  2. 02

    How might increased tax rates on foreign entities affect prices American consumers pay for imports from those countries?

  3. 03

    What evidence shows that the Treasury Department can effectively identify and respond to discriminatory foreign tax policies faster than current trade dispute processes?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-MO-8

Jason Smith

Citizen cosponsors

0

In Congress

25/ 435

House Reps cosponsoring

Introduced 2025-01-21

Joining the bill

+ 13 more

Legislative timeline

  1. 2025-01-21 · house · IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  2. 2025-01-21 · house · IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  3. 2025-01-21 · IntroReferral

    Introduced in House

  4. 2025-01-21 · IntroReferral

    Introduced in House

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