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H.R. 1024: US-Kazakhstan Trade Modernization Act
119th Congress · introduced 2025-02-05 · Foreign Trade and International Finance · Latest: Referred to the House Committee on Ways and Means.
federal
Official title
US-Kazakhstan Trade Modernization Act
Plain summary
US-Kazakhstan Trade Modernization Act This bill addresses trade between the United States and Kazakhstan. Specifically, the bill authorizes the President to determine that Section 402 of the Trade Act of 1974 (commonly known as the Jackson-Vanik amendment) does not apply to Kazakhstan. The Jackson-Vanik amendment denies normal trade relations (NTR) status to some current and former nonmarket economy countries unless they comply with certain freedom-of-emigration requirements. Under a provision of this amendment, the President may extend NTR status to a country affected by the amendment by waiving the freedom-of-emigration requirements or determining that the country is not in violation of those requirements, subject to an annual review. Kazakhstan has received temporary NTR status since 1992. Additionally, the bill authorizes the President to extend permanent NTR status to Kazakhstan.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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Official text
US-Kazakhstan Trade Modernization Act
Source: Congressional Research Service summary (Introduced in House)
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Officials and money
Sponsor: Rep. Panetta, Jimmy [D-CA-19] · 35 cosponsors
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Words on this page, explained (1)
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- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
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Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr1024.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr1024 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills