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A bill to repeal section 122 of the Trade Act of 1974 relating to balance-of-payments authority.

3/13/2026, 10:56 AM

Summary of Bill S 4049

This bill, designated as S. 4049 in the 119th Congress and introduced on March 11, 2026, aims to repeal section 122 of the Trade Act of 1974 concerning balance-of-payments authority.

Current Status of Bill S 4049

Bill S 4049 is currently in the status of Bill Introduced since March 11, 2026. Bill S 4049 was introduced during Congress 119 and was introduced to the Senate on March 11, 2026.  Bill S 4049's most recent activity was Read twice and referred to the Committee on Finance. as of March 11, 2026

Bipartisan Support of Bill S 4049

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
13
Democrat Cosponsors
12
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 4049

Primary Policy Focus

Alternate Title(s) of Bill S 4049

A bill to repeal section 122 of the Trade Act of 1974 relating to balance-of-payments authority.
A bill to repeal section 122 of the Trade Act of 1974 relating to balance-of-payments authority.

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