A bill to amend the Tariff Act of 1930 to clarify the determination of the definition of a country under the agreement, and for other purposes.

Summary

Amends the Tariff Act of 1930 to prohibit designating a country as a country under the Agreement on Subsidies and Countervailing Measures unless the country has committed itself to the General Agreement on Tariffs and Trade (GATT) to eliminate its export subsidies. Designates a beneficiary developing country as a "country under the Agreement" if, instead of committing itself to the GATT, the country agrees to a timetable for eliminating export subsidies and agrees not to: (1) increase the number of product classes receiving subsidies; (2) begin new subsidies; and (3) increase the amount of existing subsidies. Directs the President to review annually a beneficiary developing country's compliance with such agreement. Authorizes revoking a beneficiary developing country's status as a "country under the Agreement" and imposing countervailing of duties on that country.

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

Timeline

1. 23 July 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

2. 23 July 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 27 July 1981

   Committee

   Committee on Finance requested executive comment from OMB; International Trade Commission; U.S. Trade Representative; Treasury Department; State Department.

   Source: Committee

4. 11 February 1982

   Committee

   Subcommittee on International Trade. Hearings held.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 23 July 1981

  Open at official source

Sponsors

• Sen. Heinz, John [R-PA] · R · Sponsor
• · ssfi00 · Standing

Related records

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