A bill to amend the general headnotes of the Tariff Schedules of the United States regarding products of the insular possessions.

Summary

Amends the general headnotes of the Tariff Schedules of the United States to provide that, for purposes of column one duty treatment, the sum of both the value of the materials produced in the U.S. insular possessions or customs territories plus the direct costs of processing operations performed shall not be less than 30 percent of the appraised value of such article at the time of its entry into U.S. customs territory. Provides that material which could be entered duty-free shall not be taken into account in determining the appraised value of an article that is imported into the U.S. customs territory.

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

Timeline

1. 18 November 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 18 November 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 30 November 1983

   Committee

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

   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 · 18 November 1983

  Open at official source

Sponsors

• Sen. Mitchell, George J. [D-ME] · D · Sponsor
• Sen. Cohen, William S. [R-ME] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the general headnotes of the Tariff Schedules of the United States regarding products of the insular possessions.