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Trade Injury Compensation Act of 1999

Introduced: May 20, 1999 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 1999
Read twice and referred to the Committee on Finance.
May 20, 1999
Sponsor introductory remarks on measure. (CR S5759-5760)
May 20, 1999
Introduced in Senate
 Plain-English summary Congressional Research Service

Trade Injury Compensation Act of 1999 - Establishes in the Treasury a Trade Injury Compensation Trust Fund consisting of proceeds from additional duties on products on a retaliation list. Directs the Secretary of the Treasury to invest Fund amounts in interest-bearing U.S. obligations.

Directs: (1) the Secretary of the Treasury to transfer to the Secretary of Agriculture Fund amounts resulting from items on a retaliation list because of injury to producers of agricultural commodities; and (2) the Secretary of Agriculture to distribute a portion of such amounts to each injured producer of an agricultural commodity for promotion and development of their products. Provides for the distribution of Fund amounts to nonagricultural producers who have been similarly injured.

Prohibits a payment made to an injured producer or an injured agricultural commodity producer from resulting in the reduction or denial of any service or assistance with respect to which such producers would otherwise be entitled.

What's happening now May 20, 1999

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1