SCONRES 10
107th Congress
Senate
Foreign Trade and International Finance
Commerce
Conglomerate corporations
Congress
Congress and foreign policy
Congressional reporting requirements
East Asia
Electronics industry
Export subsidies
Government Operations and Politics
Government and business
Imports
International Affairs
International monetary system
Science, Technology, Communications
South Korea
Subsidies
Trade agreements
A concurrent resolution expressing the sense of the Senate regarding the Republic of Korea's unlawful bailout of Hyundai Electronics.
Introduced: February 13, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2001
Referred to the Committee on Finance. (text of measure as introduced: CR S1350)
Feb 13, 2001
Introduced in Senate
Plain-English summary
Expresses the belief that the bailout of a major exporter of products from the Republic of Korea to the United States significantly harms the relationship between the two countries.
Calls on: (1) the Republic of Korea to end the bailout of Hyundai Electronics and to comply with its commitments to the International Monetary Fund, its trade agreements, and the assurances it made to the Secretary of the Treasury; (2) the Secretaries of the Treasury and Commerce and the U.S. Trade Representative to take action to assure that the unlawful bailout is stopped and its effects offset or reversed; and (3) the U.S. Trade Representative and the Secretary of Commerce to report to Congress on steps taken to end the bailout and reverse its effects.
What's happening now
Referred to the Committee on Finance. (text of measure as introduced: CR S1350)
Committees of jurisdiction
1
Cosponsors
1