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Corporate Subsidy Reform Commission Act of 2003

Introduced: May 19, 2003 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 9, 2003
Referred to the Subcommittee on Technology and the House.
May 19, 2003
Referred to the Committee on Government Reform, and in addition to the Committees on Ways and Means, Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 19, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Corporate Subsidy Reform Commission Act of 2003 - Establishes an independent Corporate Subsidy Reform Commission to: (1) identify Federal programs and tax laws that provide inequitable Federal subsidies; (2) review such subsidies; (3) conduct public hearings on agency recommendations regarding inequitable subsidies; and (4) report to the President recommendations for termination, modification, or retention of each subsidy reviewed. Requires each Federal agency to include in budget documents submitted in 2004 a list of programs or tax laws within that agency that provide inequitable Federal subsidies, together with recommendations for appropriate action.

Requires the U.S. Trade Representative (USTR) to survey all federally supported international trade programs in all Federal agencies and certify as part of the USTR agency plan only those programs specifically intended and substantially needed to protect U.S. foreign trade interests.

Requires the President to: (1) report to the Commission and Congress on his approval or disapproval of the entire package of Commission recommendations; and (2) certify the recommendations to Congress if the package is approved either initially or after being revised by the Commission after initial disapproval. Sets forth procedures for congressional implementation and consideration of recommendations certified by the President.

What's happening now September 9, 2003

Referred to the Subcommittee on Technology and the House.

 Committees of jurisdiction 5