Automotive Trade Equity Act of 1992

Summary

Automotive Trade Equity Act of 1992 - Requires the Secretary of the Treasury, on the basis of relevant available information, to: (1) estimate the domestic consumption of motor vehicles for each year; (2) compute the allowable market penetration amount for foreign motor vehicles (motor vehicles produced by Japan or by a transplanted vehicle manufacturer); and (3) calculate the actual domestic consumption of motor vehicles during the year; and (4) calculate the actual market penetration during the year for foreign motor vehicles. Limits the aggregate number of Japanese motor vehicles imported into the United States in each year from January 1, 1993, through December 31, 1999, to no more than 1,900,000, adjustable downwards according to a specified formula. Requires the Secretary to publish such estimates, computations, and calculations in the Federal Register.

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Timeline

1. 8 July 1992

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 July 1992

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 July 1992

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 July 1992

   Referred

   Referred to the Subcommittee on Trade.

   Source: Committee

Votes

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Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 July 1992

  Open at official source

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Sponsors

• Rep. Guarini, Frank J. [D-NJ-14] · D · Sponsor
• Rep. LaFalce, John J. [D-NY-29] · D · Sponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Sponsor
• · hswm00 · Standing

Related records

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