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S 2036 115th Congress Senate Foreign Trade and International Finance Competitiveness, trade promotion, trade deficits Tariffs Trade restrictions

Competitive Need Limitations Modernization Act of 2017

Introduced: October 31, 2017 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 31, 2017
Read twice and referred to the Committee on Finance.
Oct 31, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Competitive Need Limitations Modernization Act of 2017

This bill amends the Trade Act of 1974 to revise the competitive need limitation review process by: (1) modifying the deadline for the review process, and (2) establishing the relevant domestic production time frame for such review as within the preceding three years (currently on January 1, 1995). (The competitive need limitation terminates duty-free treatment with respect to articles from a beneficiary developing country if certain import limits are exceeded.)

What's happening now October 31, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1