United States 119th Congress Status: In Committee Bipartisan · 1 D · 1 R cosponsors

S 4702 — China Subsidy Response and Export Competitiveness Act of 2026

Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced June 08, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 34% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 D · 1 R) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill addresses subsidies from China to enhance U.S. export competitiveness.

This bill aims to respond to Chinese subsidies that may affect U.S. trade. It seeks to improve the competitiveness of U.S. exports in the global market.

What this means for you
  • Workers: Workers in export industries may benefit from stronger demand for U.S. products in global markets.
  • Small Business: This means small businesses may face fewer challenges competing against subsidized foreign products.

Bill Text

How this bill changes current law

7 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill amends the Export-Import Bank Act to expand guarantee coverage and enhance competitiveness against Chinese subsidies.

  • 12 U.S.C. 635(c)(3)(B)

    or in the United States

    This change expands the scope of guarantee coverage for domestic programs by including activities within the United States.

  • 12 U.S.C. 635(l)(1)

    directly neutralize export subsidies → neutralize subsidies

    This change broadens the language to encompass a wider range of subsidies, not just export subsidies.

  • 12 U.S.C. 635(l)(1)

    export credit → credit

    This simplification allows for more inclusive financial mechanisms related to credit.

  • 12 U.S.C. 635(l)(1)

    direct exports → exports

    This change streamlines the terminology to be more general, potentially covering all types of exports.

  • 12 U.S.C. 635(l)(1)

    and semiconductor machinery → , semiconductor machinery, and printed circuit board

    This addition specifically includes printed circuit boards as a focus area for financing.

  • 12 U.S.C. 635(l)(1)

    Medical manufacturing.

    This introduces medical manufacturing as a new area of focus for the Export-Import Bank's programs.

  • 12 U.S.C. 635(l)(1)

    clause (xi) → clause (xii)

    This redesignation accounts for the addition of a new clause, ensuring proper numbering and reference.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 545 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (545)

545 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 4702?
S 4702 is sponsored by Ricketts, Pete (Republican) and Gallego, Ruben (Democratic).
What is the current status of S 4702?
This bill is in committee in the Senate. Introduced June 08, 2026. It must pass committee before a floor vote.
Where can I track S 4702?
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Last checked for changes 3 months ago · updated continuously

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