Summary: H.R.1048 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.1048. Bill summaries are authored by CRS.

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Introduced in House (02/14/2017)

This bill directs the U.S. Trade Representative (USTR) to report to Congress annually on the estimated annual loss of revenue to holders of U.S. intellectual property rights as a result of intellectual property rights violations in China.

The USTR must : (1) impose duties on merchandise from China in an amount equivalent to the estimated annual loss of revenue to holders of U.S. intellectual property rights as a result of such violations, and (2) distribute the proceeds of such duties to such U.S. intellectual property rights holders on a proportional basis.