A bill to provide that certain property held in foreign-trade zones shall be exempt from State and local ad valorem taxation.

Summary

Exempts from State and local ad valorem taxation: (1) tangible personal property imported from outside the United States and held in a foreign-trade zone for certain purposes; and (2) tangible personal property produced in the United States and held in a zone for exportation.

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

Timeline

1. 6 June 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 6 June 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 9 June 1983

   Committee

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

   Source: Committee

4. 21 October 1983

   Committee

   Subcommittee on International Trade. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 6 June 1983

  Open at official source

Sponsors

• Sen. Bentsen, Lloyd M. [D-TX] · D · Sponsor
• Sen. Tower, John G. [R-TX] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Omnibus Tariff and Trade Act of 1984
• related to → A bill to provide that certain property held in foreign-trade zones shall be exempt from State and local ad valorem taxation.