A bill to provide for the development and implementation of economic defense response teams.
Summary
This bill establishes a pilot program for deploying economic response teams that provide emergency technical assistance and support to a partner country subjected to the threat or use of coercive economic measures by a U.S. adversary. These teams also play a liaison role between the legitimate government of a partner country and the U.S. government. To carry out the program, the Department of State must identify U.S. government personnel across multiple departments who have relevant expertise to serve on teams and provide logistical and institutional support for the program and its teams. To deploy a team, the President must declare, and notify Congress of, a coercive economic emergency (i.e., an unusual and extraordinary economic coercive threat to a partner country made by a U.S. adversary). The initial deployment may last for up to 180 days; the President may extend a deployment by submitting to Congress a justification for the extension in the interest of national security. The State Department must provide to Congress an initial report following the establishment of the program and a subsequent report about its first year of operation. Authority for the program terminates on December 1, 2026.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 25, 2021
Last action May 25, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 25, 2021
Committee
Read twice and referred to the Committee on Foreign Relations.
upper
May 25, 2021
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rob Portman
RRepublican
Co
Benjamin L. Cardin
DDemocratic
Co
James E. Risch
RRepublican
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