I 
115TH CONGRESS 
1ST SESSION H. R. 1172 
To require the President to disclose income, assets, and liabilities associated 
with countries with which the United States is negotiating a trade or 
investment agreement, countries subject to Presidential determinations 
in trade enforcement actions, and countries eligible for trade preference 
programs, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 16, 2017 
Mr. NEAL (for himself, Mr. PASCRELL, Mr. LEVIN, Mr. LEWIS of Georgia, 
Mr. DOGGETT, Mr. THOMPSON of California, Mr. LARSON of Connecticut, 
Mr. BLUMENAUER, Mr. KIND, Mr. CROWLEY, Mr. DANNY K. DAVIS of 
Illinois, Ms. SA´NCHEZ, Mr. HIGGINS of New York, Ms. DELBENE, Ms. 
SEWELL of Alabama, Ms. JUDY CHU of California, Ms. BONAMICI, Mr. 
CICILLINE, Mrs. DAVIS of California, Ms. DELAURO, Mr. DESAULNIER, 
Mr. ELLISON, Mr. HIMES, Ms. KAPTUR, Mr. NADLER, Mr. POCAN, Mr. 
POLIS, Mr. SCOTT of Virginia, Ms. SLAUGHTER, Ms. TSONGAS, and Ms. 
MAXINE WATERS of California) introduced the following bill; which was 
referred to the Committee on Ways and Means, and in addition to the 
Committee on Rules, 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 
A BILL 
To require the President to disclose income, assets, and 
liabilities associated with countries with which the United 
States is negotiating a trade or investment agreement, 
countries subject to Presidential determinations in trade 
enforcement actions, and countries eligible for trade pref-
erence programs, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Presidential Trade 
Transparency Act of 2017’’. 
SEC. 2. DISCLOSURE BY PRESIDENT OF INCOME, ASSETS, 
AND LIABILITIES ASSOCIATED WITH COUN-
TRIES WITH WHICH THE UNITED STATES IS 
NEGOTIATING A TRADE OR INVESTMENT 
AGREEMENT. 
(a) IN GENERAL.—Before initiating or continuing ne-
gotiations with a country for a trade or investment agree-
ment, the President shall submit to Congress a report, in 
accordance with subsection (b) or (c), containing a full 
and complete statement of income earned, assets held, and 
liabilities owed by the President and associated with the 
country in the 12-month period preceding the submission 
of the report. 
(b) TIMING OF REPORT FOR NEW NEGOTIATIONS.— 
In the case of negotiations for a trade or investment agree-
ment with a country initiated on or after the date of the 
enactment of this Act, the President shall submit the re-
port required by subsection (a)— 
(1) in the case of negotiations subject to the Bi-
partisan Congressional Trade Priorities and Ac-
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the report required by subsection (a) with respect to that 
country not later than 90 days after such date of enact-
ment. 
SEC. 3. DISCLOSURE BY PRESIDENT OF INCOME, ASSETS, 
AND LIABILITIES ASSOCIATED WITH COUN-
TRIES SUBJECT TO PRESIDENTIAL DETER-
MINATIONS IN TRADE ENFORCEMENT AC-
TIONS. 
(a) IN GENERAL.—Before taking a covered action 
under a trade enforcement law with respect to a country, 
the President shall submit to Congress, in accordance with 
subsection (b), a report containing a full and complete 
statement of income earned, assets held, and liabilities 
owed by the President and associated with the country in 
the 12-month period preceding the submission of the re-
port. 
(b) TIMING OF REPORT.—The President shall submit 
the report required by subsection (a)— 
(1) in the case of a covered action under section 
201 of the Trade Act of 1974 (19 U.S.C. 2251) with 
respect to which a document is required to be trans-
mitted to Congress under section 203(b) of that Act 
(19 U.S.C. 2253(b)), not less than 30 days before 
the President transmits the document; 
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(2) in the case of a covered action under section 
301 of the Trade Act of 1974 (19 U.S.C. 2411) that 
is the subject of a direction of the President as de-
scribed in subsection (a)(1) or (b)(2) of that section, 
not less than 30 days before making that direction; 
(3) in the case of a covered action under section 
337 of the Tariff Act of 1930 (19 U.S.C. 1337), not 
later than 30 days after the date on which a copy 
of the determination of the United States Inter-
national Trade Commission is transmitted to the 
President under subsection (j) of that section; 
(4) in the case of a covered action under section 
701(b)(2) of the Trade Facilitation and Trade En-
forcement Act of 2015 (19 U.S.C. 4421(b)(2)), not 
later than the date on which the report required 
under subparagraph (B) of that section is submitted 
to Congress; or 
(5) in the case of a covered action not covered 
by paragraph (1), (2), (3), or (4), not less than 30 
days before taking such action. 
(c) DEFINITIONS.—In this section: 
(1) COVERED ACTION.—The term ‘‘covered ac-
tion’’ means— 
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(A) the modification under a trade enforce-
ment law of a duty imposed with respect to ar-
ticles imported from a country; or 
(B) waiving action, or declining to exercise 
authority to take action, under a trade enforce-
ment law in a trade enforcement matter with 
respect to a country. 
(2) TRADE
ENFORCEMENT
LAW.—The term 
‘‘trade enforcement law’’ means— 
(A) chapter I of title II of the Trade Act 
of 1974 (19 U.S.C. 2251 et seq.); 
(B) title III of that Act (19 U.S.C. 2411 
et seq.); 
(C) section 122 of that Act (19 U.S.C. 
2132); 
(D) section 406, 421, or 422 of that Act 
(19 U.S.C. 2436, 2451, and 2451a); 
(E) sections 337 and 338(a) of the Tariff 
Act of 1930 (19 U.S.C. 1337 and 1338(a)); 
(F) section 232 of the Trade Expansion 
Act of 1962 (19 U.S.C. 1862); 
(G) section 701 of the Trade Facilitation 
and Trade Enforcement Act of 2015 (19 U.S.C. 
4421); 
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(H) the International Emergency Eco-
nomic Powers Act (50 U.S.C. 1701 et seq.); or 
(I) any other provision of law providing the 
President with authority to restrict trade with 
a foreign country through modification of a 
duty on imports. 
SEC. 4. DISCLOSURE BY PRESIDENT OF INCOME, ASSETS, 
AND LIABILITIES ASSOCIATED WITH COUN-
TRIES ELIGIBLE FOR TRADE PREFERENCE 
PROGRAMS. 
(a) IN GENERAL.—Before taking a covered action 
under a trade preference program with respect to a coun-
try or an article imported from a country, the President 
shall submit to Congress, in accordance with subsection 
(b), a report containing a full and complete statement of 
income earned, assets held, and liabilities owed by the 
President and associated with the country in the 12-month 
period preceding the submission of the report. 
(b) TIMING OF REPORT.—The President shall submit 
the report required by subsection (a)— 
(1) in the case of a covered action under title 
V of the Trade Act of 1974 (19 U.S.C. 2461 et seq.) 
with respect to which the President is required to 
submit a notification under section 502(f) of the 
Trade Act of 1974 (19 U.S.C. 2462(f)) or a report 
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under section 506A(a)(2) of that Act (19 U.S.C. 
2466a(a)(2)), at the time the President submits the 
notification or report; 
(2) in the case of a covered action under the 
Caribbean Basin Economic Recovery Act (19 U.S.C. 
2701 et seq.) with respect to which the President is 
required to submit a notification under paragraph 
(1) or (2) of section 212(a) of that Act (19 U.S.C. 
2702(a)) 
or 
a 
report 
under 
section 
213(b)(2)(A)(v)(II)(cc) of that Act (19 U.S.C. 
2703(b)(2)(A)(v)(II)(cc)), at the time the President 
submits the notification or report; or 
(3) in the case of a covered action not covered 
by paragraph (1) or (2), not later than 60 days be-
fore taking the action. 
(c) DEFINITIONS.—In this section: 
(1) COVERED ACTION.—The term ‘‘covered ac-
tion’’ means— 
(A) the designation of a country as eligible 
for preferential treatment under a trade pref-
erence program; 
(B) the termination of such a designation; 
(C) any determination with respect to the 
eligibility of an article for preferential treat-
ment under a trade preference program; 
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(D) the withdrawal, suspension, or limita-
tion of preferential treatment under a trade 
preference program with respect to a country or 
an article; or 
(E) the exercise of the authority to waive 
the competitive need limitation with respect to 
an article under section 503(d) of the Trade 
Act of 1974 (19 U.S.C. 2463(d)). 
(2) TRADE PREFERENCE PROGRAM.—The term 
‘‘trade preference program’’ means— 
(A) the Generalized System of Preferences 
under title V of the Trade Act of 1974 (19 
U.S.C. 2461 et seq.); 
(B) the African Growth and Opportunity 
Act (19 U.S.C. 3701 et seq.); 
(C) the Caribbean Basin Economic Recov-
ery Act (19 U.S.C. 2701 et seq.); or 
(D) section 915 of the Trade Facilitation 
and Trade Enforcement Act of 2015 (19 U.S.C. 
4454). 
SEC. 5. CONTENTS OF DISCLOSURE REPORTS. 
The President shall include in a report required 
under section 2, 3, or 4 with respect to a country— 
(1) the information specified in section 102(a) 
of the Ethics in Government Act of 1978 (5 U.S.C. 
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