(Sec. 1) This bill extends the Generalized System of Preferences (a U.S. trade preference program that provides duty-free access to imports on products from certain developing countries) through 2020.
The U.S. Trade Representative, within one year of this bill's enactment and annually thereafter through December 31, 2020, must report to the House Ways and Means Committee and the Senate Finance Committee on efforts to ensure that countries designated as beneficiary developing countries under the Trade Act of 1974 are meeting the eligibility criteria set forth in that Act.
(Sec. 2) The Trade Act of 1974 is amended to modify the deadline for the review process with respect to the competitive needs limitation. (The competitive need limitation terminates duty-free treatment with respect to articles from a beneficiary developing country if certain import limits are exceeded.)
(Sec. 3) The Consolidated Omnibus Budget Reconciliation Act of 1985 is amended to extend through August 1, 2027, the authority for customs user fees for the processing of merchandise formally entered or released into the United States.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Became Public Law No: 115-141.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Trade.
Mr. Reichert moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H1100-1103)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4979.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H1104-1105)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 2 (Roll no. 71).(text: CR H1100)
Roll Call #71 (House)On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 2 (Roll no. 71). (text: CR H1100)
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Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Finance.