Strategic Materials Act of 2003

Strategic Materials Act of 2003 - Amends the Trade Act of 1974 to include certain specialty metals (certain alloyed steel products, specified metal alloys, titanium and titanium alloys, zirconium and zirconium base, and certain unwrought titanium, including titanium sponge) as import-sensitive articles ineligible for duty-free treatment under the generalized system of preferences program under title V of such Act.

[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2056 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 2056

 To amend the Trade Act of 1974 to include certain specialty metals as 
 import-sensitive articles that are ineligible for duty-free treatment 
 under the generalized system of preferences program under title V of 
                               that Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 9, 2003

 Mr. McInnis introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Trade Act of 1974 to include certain specialty metals as 
 import-sensitive articles that are ineligible for duty-free treatment 
 under the generalized system of preferences program under title V of 
                               that Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Strategic Materials Act of 2003''.

SEC. 2. IMPORT-SENSITIVE ARTICLES INELIGIBLE FOR GSP DESIGNATION UNDER 
              TITLE V OF THE TRADE ACT OF 1974.

    (a) In General.--Section 503(b)(1) of the Trade Act of 1974 (19 
U.S.C. 2463(b)(1)) is amended--
            (1) by redesignating subparagraph (G) as subparagraph (I); 
        and
            (2) by inserting after subparagraph (F) the following new 
        subparagraphs:
                    ``(G)(i) An article or item of specialty metals.
                    ``(ii) In clause (i), the term `specialty metals' 
                means--
                            ``(I) steel--
                                    ``(aa) with respect to which the 
                                maximum alloy content exceeds one or 
                                more of the following limits: 
                                manganese, 1.65 percent; silicon, 0.60 
                                percent; or copper, 0.60 percent; and
                                    ``(bb) that contains more than 0.25 
                                percent of any of the following 
                                elements: aluminum, chromium, cobalt, 
                                columbium, molybdenum, nickel, 
                                titanium, tungsten, or vanadium;
                            ``(II) metal alloys consisting of nickel, 
                        iron-nickel, and cobalt base alloys containing 
                        a total of other alloying metals (except iron) 
                        in excess of 10 percent;
                            ``(III) titanium and titanium alloys; or
                            ``(IV) zirconium and zirconium base.
                    ``(H) Unwrought titanium, including titanium 
                sponge, provided for in subheading 8108.20.00 of the 
                Harmonized Tariff Schedule of the United States.''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply with respect to articles entered, or withdrawn from warehouse for 
consumption, on or after the date of the enactment of this Act.
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