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H. Rept. 118-895 1 (2024-12-17)

handle is hein.congrecreports/crptxagzy0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 118TH CONGRESS REPORT 2d Session HOUSE OF REPRESENTATIVES 118-895 STOP CHINA'S EXPLOITATION OF CONGOLESE CHILDREN AND ADULT FORCED LABOR THROUGH COBALT MINING ACT DECEMBER 17, 2024.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. SMITH of Missouri, from the Committee on Ways and Means, submitted the following REPORT together with DISSENTING VIEWS [To accompany H.R. 7981] [Including cost estimate of the Congressional Budget Office] The Committee on Ways and Means, to whom was referred the bill (H.R. 7981) to ensure that goods made using or containing co- balt extracted or processed with the use of child or forced labor in the Democratic Republic of the Congo do not enter the United States market, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. CONTENTS Page I. SUMMARY AND BACKGROUND ............................................................... 3 A. Purpose and Sum m ary ..................................................................... 3 B. Background and Need for Legislation .................... 3 C. Legislative H istory ........................................................................... . 4 D . Designated H earing .......................................................................... 4 II. EXPLANATION OF THE BILL .................................................................. 4 A. Extending Limits of U.S. Customs Waters Act .............................. III. VOTE OF THE COM M ITTEE ..................................................................... 6 IV. BUDGET EFFECTS OF THE BILL ............................................................ 6 A. Committee Estimate of Budgetary Effects .................. 6 B. Statement Regarding New Budget Authority and Tax Expendi- tures Budget Authority .................................................................. 6 V. Cost Estimate Prepared by the Congressional Budget Office .................... 6 59-006