S. 1824 · 117th Congress · Senate

A bill to provide for the development and implementation of economic defense response teams.

Active· Read twice and referred to the Committee on Foreign Relations.
Introduced
May 25, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. MAY 25, 2021IntroReferral

    Introduced in Senate

  2. MAY 25, 2021IntroReferral

    Read twice and referred to the Committee on Foreign Relations.

Committees

1

Foreign Relations Committee

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Referred: May 25, 2021

Active