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HR 5050 97th Congress House

Two Way Street Act

Official title: A bill to impose parity fees on automobiles imported into the United States from Japan.

Introduced: March 18, 1982 See on congress.gov
Foreign Trade and International Finance Advisory bodiesAutomobile industryFederal advisory bodiesForeign Trade and Investments
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Import restrictionsImportsJapanMotor Vehicles and Driving
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 23, 1981
Referred to Subcommittee on Trade.
Nov 19, 1981
Referred to House Committee on Ways and Means.
Nov 19, 1981
Introduced in House
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 Latest action November 23, 1981

Referred to Subcommittee on Trade.

 Plain-English summary Congressional Research Service

Two-Way Street Act - Imposes an import parity fee, in addition to other fees already imposed, on automobiles imported into the United States from Japan. Establishes a Parity Fee Commission to determine the size of the parity fee. Permits persons who build cars in the United States to import one car from Japan without paying the parity fee for each car built by such a person in the United States. Sets forth the powers and duties of the Commission. Authorizes appropriations.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · Mar 18, 1982
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5050: Two Way Street Act. 97th Congress. Open America. https://openamerica.io/bill/97-HR-5050/
MLA
"H.R. 5050: Two Way Street Act." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-5050/.
Bluebook (legal)
H.R. 5050, 97th Cong. (2026), https://openamerica.io/bill/97-HR-5050/.
Markdown link
[H.R. 5050: Two Way Street Act](https://openamerica.io/bill/97-HR-5050/)
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