S 5066
No Taxation Without Representation Act of 2024
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Bill overview
This bill, the No Taxation Without Representation Act of 2024, requires Congress to approve the President’s authority to impose import duties on goods entering the United States. Currently, the President can impose duties without congressional approval, but this legislation changes that, demanding a proposal and a subsequent joint resolution of approval before any new duties can be implemented. The bill specifically outlines the types of laws that would require congressional approval, including existing trade laws and agreements. It also clarifies that this requirement does not apply to complete embargoes of goods from a particular country.
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