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United States · Bill · S

S. 2226 (99th)

Unfair Trade Concessions Requirements Act

openUnited States· United States Congress· EN

Introduced

24 March 1986

Last action

27 March 1986 · Committee

Status

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

Sponsors

Sen. Bentsen, Lloyd M. [D-TX], Sen. Danforth, John C. [R-MO], Rep. Baucus, Max [D-MT-1], Sen. Bingaman, Jeff [D-NM], Sen. Byrd, Robert C. [D-WV], Sen. Dixon, Alan J. [D-IL], Rep. Dodd, Christopher J. [D-CT-2], Sen. Glenn, John H., Jr. [D-OH], Rep. Harkin, Tom [D-IA-5], Sen. Hollings, Ernest F. [D-SC], Sen. Lautenberg, Frank R. [D-NJ], Sen. Long, Russell B. [D-LA], Sen. Melcher, John [D-MT], Sen. Metzenbaum, Howard M. [D-OH], Sen. Riegle, Donald W., Jr. [D-MI], Rep. Simon, Paul [D-IL-24], Sen. Heflin, Howell [D-AL], Sen. Rockefeller, John D., IV [D-WV], Sen. Gore, Albert, Jr. [D-TN], Sen. Chafee, John H. [R-RI]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Unfair Trade Concessions Requirements Act - Requires the President to seek commitments in trade agreement negotiations to remove existing, and avoid future use of, unfair trade concessions requirements. Permits such commitments to provide for the temporary use of unfair trade concessions requirements by certain developing countries. Amends the Trade Act of 1974 to define "unfair trade concessions requirements" to mean any practice or policy of a foreign government that requires, as a condition for allowing U.S. imports into such country or for carrying on businesses in such country, that: (1) substantial investment be made in such country; (2) intellectual property be licensed to such country; or (3) other collateral concession be made. Makes countries that impose unfair trade concessions requirements on U.S. products covered by bilateral trade agreements ineligible for designation as beneficiary developing countries under the Caribbean Basin Economic Recovery Act and under the Generalized System of Preferences of the Trade Act of 1974.

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

Timeline

  1. 24 March 1986

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 24 March 1986

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 27 March 1986

    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

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Documents

1 official file

Sponsors

Related records

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Sources

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