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HR 2451 99th Congress House Foreign Trade and International Finance Countervailing duties Foreign Trade and Investments Imports Subsidies Tariff

A bill to amend title VII of the Tariff Act of 1930 in order to apply countervailing duties with respect to resource input subsidies.

Introduced: May 9, 1985 See on congress.gov
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 1986
See H.R.4800.
Nov 4, 1985
Forwarded by Subcommittee to Full Committee (Amended).
Oct 24, 1985
Subcommittee Consideration and Mark-up Session Held.
Jun 6, 1985
Subcommittee Hearings Held.
May 15, 1985
Subcommittee Hearings Held.
May 14, 1985
Subcommittee Hearings Held.
May 13, 1985
Referred to Subcommittee on Trade.
May 9, 1985
Referred to House Committee on Ways and Means.
May 9, 1985
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Tariff Act of 1930 to include in the definition of "subsidy" (for countervailing duty purposes) any resource input subsidy as provided for under the provisions of this Act. States that a "resource input subsidy" is found to exist if: (1) (a) a product is provided or sold by a government-regulated or controlled entity within a country for input use within such country at a domestic price that is lower than the fair market value of the input product and is not freely available to U.S. producers; and (b) a product would, if sold at the fair market value, constitute a significant portion of the total cost of the manufacture or production of the merchandise in or for which the input product is used; or (2) under specified circumstances, the right to remove or extract such product is provided or sold by a government or a government-regulated or controlled entity within a country. Sets forth the method of calculation for the amount of a resource input subsidy.

Defines "fair market value" and "input use" for purposes of this Act.

Requires injury determinations by the U.S. International Trade Commission to be made in all countervailing duty investigations relating to the existence of resource input subsidies.

What's happening now May 9, 1986

See H.R.4800.

 Committees of jurisdiction 2