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United States · Bill · S

S. 1292 (99th)

A bill to amend title VII of the Tariff Act of 1930 in order to apply countervailing duties with respect to resource input subsidies.

openUnited States· United States Congress· EN

Introduced

13 June 1985

Last action

26 June 1986 · Committee

Status

Senate Subcommittee on International Trade. Hearings held. Hearings printed: S.Hrg. 99-772.

Sponsors

Sen. Baucus, Max [D-MT], Sen. Long, Russell B. [D-LA], Sen. Melcher, John [D-MT], Sen. Sasser, Jim [D-TN], Sen. Symms, Steven D. [R-ID], Sen. Hollings, Ernest F. [D-SC], Sen. Cochran, Thad [R-MS], Sen. Bumpers, Dale [D-AR], Sen. Pressler, Larry [R-SD], Sen. Nunn, Sam [D-GA], Sen. Trible, Paul S., Jr. [R-VA], Sen. Stennis, John C. [D-MS]

Subjects

Discovery layer

Source updated

3 January 2025

Official sourceView documentsShare

Summary

Amends the Tariff Act of 1930 to include in the definition of "subsidy" (for countervailing duty purposes) any resource input subsidy as provided for under the provisions of this Act. States that a "resource input subsidy" is found to exist if: (1)(a) a product is provided or sold by a government-regulated or controlled entity within a country for input use within such country at a domestic price that is lower than the fair market value of the input product and is not freely available to U.S. producers; and (b) a product would, if sold at the fair market value, constitute a significant portion of the total cost of the manufacture or production of the merchandise in or for which the input product is used; or (2) under specified circumstances, the right to remove or extract such product is provided or sold by a government or a government-regulated or controlled entity within a country. Sets forth the method of calculation for the amount of a resource input subsidy. Defines "fair market value" and "input use" for purposes of this Act. Requires injury determinations by the U.S. International Trade Commission to be made in all countervailing duty investigations relating to the existence of resource input subsidies.

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

Timeline

  1. 13 June 1985

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 13 June 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 20 June 1985

    Committee

    Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Departments of Treasury, State, and Commerce.

    Source: Committee

  4. 26 June 1986

    Committee

    Senate Subcommittee on International Trade. Hearings held. Hearings printed: S.Hrg. 99-772.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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