Title: To direct the President to impose duties on merchandise from the People's Republic of China in an amount equivalent to the estimated annual loss of revenue to holders of United States intellectual property rights as a result of violations of such intellectual property rights in China, and for other purposes.
Policy area: Foreign Trade and International Finance

Summary:
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.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1048 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 1048

   To direct the President to impose duties on merchandise from the 
  People's Republic of China in an amount equivalent to the estimated 
    annual loss of revenue to holders of United States intellectual 
property rights as a result of violations of such intellectual property 
                rights in China, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2017

 Mr. King of Iowa introduced the following bill; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To direct the President to impose duties on merchandise from the 
  People's Republic of China in an amount equivalent to the estimated 
    annual loss of revenue to holders of United States intellectual 
property rights as a result of violations of such intellectual property 
                rights in China, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. STUDY AND REPORT ON VIOLATIONS OF UNITED STATES INTELLECTUAL 
              PROPERTY RIGHTS IN CHINA.

    (a) Study.--The United States Trade Representative shall conduct an 
annual study to determine the estimated annual loss of revenue to 
holders of United States intellectual property rights as a result of 
violations of such intellectual property rights in the People's 
Republic of China.
    (b) Report.--Not later than 120 days after the date of the 
enactment of this Act, and annually thereafter, the United States Trade 
Representative shall submit to Congress a report that contains the 
results of the study conducted pursuant to subsection (a).

SEC. 2. IMPOSITION OF DUTIES ON MERCHANDISE FROM CHINA AND DISTRIBUTION 
              OF PROCEEDS OF SUCH DUTIES TO HOLDERS OF CERTAIN UNITED 
              STATES INTELLECTUAL PROPERTY RIGHTS.

    Notwithstanding any other provision of law, the President, acting 
through the United States Trade Representative, shall--
            (1) impose duties on merchandise from the People's Republic 
        of China in an amount equivalent to the estimated annual loss 
        of revenue to holders of United States intellectual property 
        rights as a result of violations of such intellectual property 
        rights in China, as determined by the Trade Representative 
        pursuant to the study conducted under section 1(a) and 
        contained in the report submitted to Congress under section 
        1(b); and
            (2) provide for the distribution of the proceeds of such 
        duties to holders of United States intellectual property rights 
        described in paragraph (1) on a proportional basis.
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