Senate Bill 2036
115th Congress(2017-2018)
Competitive Need Limitations Modernization Act of 2017
Introduced
Introduced in Senate on Oct 31, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2036
Congress
115
Policy Area
Foreign Trade and International Finance
Foreign Trade and International Finance
Primary focus of measure is competitiveness, trade barriers and adjustment assistance; foreign loans and international monetary system; international banking; trade agreements and negotiations; customs enforcement, tariffs, and trade restrictions; foreign investment. Measures concerning border enforcement may fall under Immigration policy area.
No Senate votes have been held for this bill.
Summary
Competitive Need Limitations Modernization Act of 2017
This bill amends the Trade Act of 1974 to revise the competitive need limitation review process by: (1) modifying the deadline for the review process, and (2) establishing the relevant domestic production time frame for such review as within the preceding three years (currently on January 1, 1995). (The competitive need limitation terminates duty-free treatment with respect to articles from a beneficiary developing country if certain import limits are exceeded.)
October 31, 2017
10/31/2017
Read twice and referred to the Committee on Finance.
10/31/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:38:13 PM