A bill to provide for entry into the United States of sugar only from friendly developing countries, to provide for entry of sugar from the Philippines on at least as favorable terms as sugar from any other country, and for other purposes.
Philippines Sugar Quota Act of 1986 - Prohibits certain countries (listed in headnote 3, subpart A of part 10 of schedule 1 of the Tariff Schedules of the United States) from being eligible to receive an allocation of the total base quota of imported sugars unless such country is a friendly developing country and a net exporter of sugars. Requires the quota to be reallocated among the remaining countries on a proportional basis provided that the amounts shall first be reallocated to the Philippines to the extent that country's allocation is less than the percentage allocated to any other country.
Grants duty-free treatment to sugar imports from the Philippines during any calendar year in which such imports from any other country are granted duty-free treatment. Prohibits granting sugar imports from any country more favorable treatment than is granted sugar imports from the Philippines.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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