# 117-hr-7935: Opportunities in the Americas Act

117-hr-7935, Opportunities in the Americas Act, is a 117th Congress bill sponsored by Rep. Espaillat, Adriano [D-NY-13] (D-NY); status Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7935
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7935
- Congress: 117
- Title: Opportunities in the Americas Act
- Status: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2022-06-03
- Sponsor: Rep. Espaillat, Adriano [D-NY-13] (D-NY)
- Cosponsors: 5
- Policy area: International Affairs
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Opportunities in the Americas Act This bill provides assistance to eligible companies relocating manufacturing from China to a qualifying Latin American or Caribbean country, generally a country in the region that has a free trade agreement with the United States and is not a foreign adversary. For example, the U.S. International Development Finance Corporation must use at least 10 percent of its funding for each fiscal year to provide assistance, such as financing eligible costs for moving and workforce development, to businesses relocating manufacturing from China to a qualifying Latin American or Caribbean country, subject to various conditions and requirements. The bill also provides tax benefits related to certain property acquired and placed in service in connection with such a relocation of manufacturing.

## Cosponsors (5)

- Rep. Cherfilus-McCormick, Sheila [D-FL-20] (D-FL), 2022-06-03T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2022-06-13T00:00:00.000Z
- Rep. Sires, Albio [D-NJ-8] (D-NJ), 2022-06-13T00:00:00.000Z
- Rep. Barragán, Nanette Diaz [D-CA-44] (D-CA), 2022-06-14T00:00:00.000Z
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2022-07-05T00:00:00.000Z

## Related bills

- 117-hr-263: Big Cat Public Safety Act
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hr-7240: READ Act Reauthorization Act of 2022
- 117-hr-6207: Humane Cosmetics Act of 2021
- 117-hr-5577: To designate the facility of the United States Postal Service located at 3900 Crown Road Southwest in Atlanta, Georgia, as the "John R. Lewis Post Office Build…
- 117-hr-5441: PAST Act of 2022

## Sources
- [117-hr-7935 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7935)

## Related
- [117-hr-263: Big Cat Public Safety Act](https://policyrisk.com/legislation/117-hr-263)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hr-7240: READ Act Reauthorization Act of 2022](https://policyrisk.com/legislation/117-hr-7240)
- [117-hr-6207: Humane Cosmetics Act of 2021](https://policyrisk.com/legislation/117-hr-6207)
- [117-hr-5577: To designate the facility of the United States Postal Service located at 3900 C…](https://policyrisk.com/legislation/117-hr-5577)
- [117-hr-5441: PAST Act of 2022](https://policyrisk.com/legislation/117-hr-5441)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7935 (as of 2025-11-18).