Equitable Automobile Transportation Act of 1987 - Directs a person shipping foreign vehicles from Japan or South Korea into the United States to transport an equal number of such vehicles on U.S. vehicle carriers that the person ships on foreign vessels. Requires shippers to file a bill of lading with the Secretary of Transportation for every shipment of foreign vehicles brought into the United States. Directs the Secretary to prescribe regulations to enforce this Act.
Authorizes the Secretary to reduce such required equal percentage for a temporary period, under certain conditions. Provides penalties for the violation of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Merchant Marine and Fisheries.
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Trade.
Executive Comment Requested from DOD, DOT, Treasury.
Referred to Subcommittee on Merchant Marine.
Unfavorable Executive Comment Received From Treasury.
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