I 119THCONGRESS 1 STSESSION H. R. 2459 To amend the Trade Act of 1974 to eliminate the authority to impose certain import surcharges to address balance of payments deficits, and for other purposes. IN THE HOUSE OF REPRESENTATIVES MARCH27, 2025 Mr. P ANETTA(for himself, Mr. BEYER, Ms. DELBENE, Ms. SEWELL, and Mr. S CHNEIDER) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Trade Act of 1974 to eliminate the authority to impose certain import surcharges to address balance of payments deficits, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Reclaim Trade Powers 4 Act’’. 5 VerDate Sep 11 2014 20:59 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2459.IH H2459 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 2459 IH SEC. 2. ELIMINATION OF BALANCE OF PAYMENTS AUTHOR-1 ITY. 2 Section 122 of the Trade Act of 1974 (19 U.S.C. 3 2132) is repealed. 4 Æ VerDate Sep 11 2014 20:59 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2459.IH H2459 ssavage on LAPJG3WLY3PROD with BILLS