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HR 2387 112th Congress House Foreign Trade and International Finance Asia Congressional oversight Free trade and trade barriers Government studies and investigations Manufacturing Philippines Tariffs

SAVE Act

Introduced: June 24, 2011 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
Jul 7, 2011
Referred to the Subcommittee on Trade.
Jun 24, 2011
Referred to the House Committee on Ways and Means.
Jun 24, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Save Our Industries Act of 2011 or SAVE Act - Grants duty-free treatment, subject to specified conditions, to certain apparel wholly assembled in the United States or the Philippines, or both, and components of such apparel consisting entirely of: (1) fabric cut in the United States or the Philippines, or both, from fabric wholly formed in the United States from yarns wholly formed in the United States; (2) components knit-to-shape in the United States from yarns wholly formed in the United States; or (3) any combination of such fabric or components.

Prescribes single transformation duty-free rules for specified apparel articles, regardless of the source of the fabric, fabric components, components knit-to-shape, or yarns from which the articles are made, if they: (1) are cut and wholly assembled, or knit-to-shape, in the Philippines from any combination of such components; and (2) are imported directly into the United States from the Philippines.

Prescribes requirements for review and enforcement of the program.

Prescribes penalties for exporters and importers who engage in the transshipment of apparel that has been afforded preferential treatment under this Act.

What's happening now July 7, 2011

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1