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S 1778 99th Congress Senate Foreign Trade and International Finance Crime prevention Foreign Trade and Investments Imports International Affairs Most favored nation principle Sanctions (International law) Tariff Tariff agreements Tariff preferences Terrorism Trade agreements Treaties

Anti-Terrorism Trade Preference Act of 1985

Introduced: October 21, 1985 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
Oct 23, 1985
Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department.
Oct 21, 1985
Read twice and referred to the Committee on Finance.
Oct 21, 1985
Introduced in Senate
 Plain-English summary Congressional Research Service

Anti-Terrorism Trade Preference Act of 1985 - Directs the Secretary of State to identify and publish the name of each country that repeatedly supports acts of international terrorism. Requires the Secretary to provide the Congress with a list of such countries annually.

Imposes the following sanctions on countries identified as supporting international terrorism: (1) termination, withdrawal, or suspension of any treaty that relates to most-favored-nation treatment of such country; (2) denial of most-favored-nation treatment and imposition of column 2 tariff rates on imports from such countries; (3) non-application of the Generalized System of Preferences on imports from such countries; and (4) non-application of the provisions of the Caribbean Basin Economic Recovery Act with respect to the products of such countries. Authorizes the President to waive such sanctions if it would be in the best interests of the United States. Directs the President to notify the Congress 30 days before any such waiver takes effect.

What's happening now October 23, 1985

Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1