Stopping Overseas Subsidies Act of 2005 - Amends the Tariff Act of 1930 to apply its countervailing duty provisions to nonmarket economy countries.
[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 593 Introduced in Senate (IS)]
109th CONGRESS
1st Session
S. 593
To amend title VII of the Tariff Act of 1930 to provide that the
provisions relating to countervailing duties apply to nonmarket economy
countries.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
March 10, 2005
Ms. Collins (for herself, Mr. Bayh, Mr. Burr, Mr. Santorum, Mr.
Schumer, Mr. DeWine, Mr. Durbin, Mrs. Dole, Mr. Byrd, Ms. Mikulski, Mr.
Graham, Mr. Lieberman, Mr. Pryor, Mrs. Lincoln, Mr. Rockefeller, Mr.
Baucus, and Mr. Lott) introduced the following bill; which was read
twice and referred to the Committee on Finance
_______________________________________________________________________
A BILL
To amend title VII of the Tariff Act of 1930 to provide that the
provisions relating to countervailing duties apply to nonmarket economy
countries.
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 ``Stopping Overseas Subsidies Act of
2005''.
SEC. 2. APPLICATION OF COUNTERVAILING DUTIES TO NONMARKET ECONOMY
COUNTRIES.
Section 701(a)(1) of the Tariff Act of 1930 (19 U.S.C. 1671(a)(1))
is amended by inserting ``(including a nonmarket economy country)''
after ``country'' each place it appears.
SEC. 3. EFFECTIVE DATE.
The amendments made by section 2 apply to petitions filed under
section 702 of the Tariff Act of 1930 on or after the date of the
enactment of this Act.
<all>
Introduced in Senate
Sponsor introductory remarks on measure. (CR S2486-2487)
Read twice and referred to the Committee on Finance.
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