To amend the Harmonized Tariff Schedule of the United States with respect to the production incentive certificate program for watch and jewelry producers in the United States Virgin Islands, Guam, and American Samoa.

Summary

Amends the Harmonized Tariff Schedule of the United States to revise clock and watch provisions to require the Secretary of Commerce and the Secretary of the Interior, jointly, for each calendar quarter beginning after January 1, 2002, and before January 1, 2016, to: (1) verify for the preceding calendar quarter both the wages paid by each producer to permanent residents of the insular possessions (including the value of any fringe benefits) and the total quantity and value of watches produced there and imported into the U.S. customs territory; and (2) issue to each producer a certificate for the applicable amount. Directs the Secretary of the Treasury, at the election of the certificate holder, to pay to the holder the face value of the certificate, less the value of any duty refund claimed by the holder under the certificate, plus a discount of not more than two percent of the face value of the certificate as determined by the Secretary of the Treasury.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 13 February 2001

   Introduced

   Introduced in House

   Source: IntroReferral

2. 13 February 2001

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

3. 13 February 2001

   Introduced

   Sponsor introductory remarks on measure. (CR E160-161)

   Source: IntroReferral

4. 13 February 2001

   Introduced

   Introduced in House

   Source: IntroReferral

5. 28 February 2001

   Referred

   Referred to the Subcommittee on Trade.

   Source: Committee

Votes

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Versions

• Introduced in House · 13 February 2001 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 February 2001

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 February 2001

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 February 2001

  Open at official source

Sponsors

• Del. Christensen, Donna M. [D-VI-At Large] · D · Sponsor
• · hswm00 · Standing

Related records

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