Speaker Signs MTB Reform Bill, Clearing for White House Consideration
House Speaker Paul Ryan, R-Wis., on May 18 signed HR-4923, the American Manufacturing Competitiveness Act, officially sending the legislation to President Barack Obama for signature after the Senate approved the bill on May 10, his office said (here). The bill,…
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which updates the process for compiling miscellaneous tariff bills (MTBs) and brings it into compliance with House earmark rules, received widespread praise from the likes of the U.S. Chamber of Commerce, U.S. chemical associations, and U.S. manufacturers (see 1605110033). The White House didn’t comment.