[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6555 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 6555
To modify the competitive need limitation with respect to the
generalized system of preferences, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 1, 2023
Mr. Moore of Utah (for himself and Ms. DelBene) introduced the
following bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To modify the competitive need limitation with respect to the
generalized system of preferences, and for other purposes.
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 ``CNL Update Act of 2023''.
SEC. 2. MODIFICATION OF COMPETITIVE NEED LIMITATION.
(a) Modification.--Section 503 of the Trade Act of 1974 (19 U.S.C.
2463) is amended--
(1) in subsection (c)(2)(A)(i)--
(A) by striking ``after December 31, 1995-- (I) a
quantity'' and inserting ``after December 31, 1995, a
quantity''; and
(B) by striking ``calendar year, or'' and all that
follows through ``the President shall,'' and inserting
``calendar year, the President shall,'';
(2) in subsection (c)(2)(A)(ii)--
(A) in subclause (I), by striking ``for 1996,
$75,000,000'' and inserting ``for calendar year 2023,
$600,000,000''; and
(B) in subclause (II), by striking ``$5,000,000''
and inserting ``5 percent of such applicable amount'';
(3) in subsection (c)(2)(C), by striking ``may, subject''
and inserting ``should, subject'';
(4) by striking subsection (c)(2)(E) and subsection
(c)(2)(F);
(5) by inserting after subsection (c)(2)(D) the following
new subparagraph:
``(E) Calculation of limitations.--There shall be
counted against the limitations imposed under
subparagraph (A) for any calendar year only that value
of any eligible article of a beneficiary developing
country that entered duty-free under this title during
such calendar year.'';
(6) in subsection (d)(1), by striking ``if, before'' and
all that follows through ``the President'' and inserting ``if
the President''; and
(7) in subsection (d)(4)(B)(ii)--
(A) in subclause (I), by striking ``; or'' and
inserting a period;
(B) in the matter preceding subclause (I), by
striking ``a quantity of the article--(I) having an
appraised value'' and inserting ``a quantity of the
article having an appraised value''; and
(C) by striking subclause (II).
(b) Applicability.--
(1) In general.--The amendments made by subsection (a)
shall take effect on the date of the enactment of this Act.
(2) Restoration of duty-free treatment.--
(A) List required.--Not later than 120 days after
the date of the enactment of this Act, the President
shall--
(i) list each article with respect to which
such treatment was eliminated pursuant to
subsection (c) of section 503 of the Trade Act
of 1974, as in effect on December 31, 2020,
that is eligible for such treatment pursuant to
such section 503 as amended by this Act; and
(ii) determine, with respect to each such
article, whether the article is a potentially
sensitive product that warrants review pursuant
to subsection (c)(1) of such section 503 for
the continued withholding of duty-free
treatment.
(B) Prompt restoration.--Except for articles for
which the President makes an affirmative determination
pursuant to subparagraph (A)(ii), the President shall
restore duty-free treatment to each article included in
the list described in subparagraph (A)(i) on such 120th
day after date of enactment.
(3) Expedited review of certain articles for exclusion from
duty-free treatment.--The President shall review, pursuant to
section 503(c)(1) of the Trade Act of 1974 (19 U.S.C.
2463(c)(1)), whether duty-free treatment should continue to be
withheld from each article for which the President makes an
affirmative determination pursuant to paragraph (2)(A)(ii). Not
later than 1 year after the date of the enactment of this Act,
the President shall restore duty-free treatment to each article
for which such review determines that such treatment should not
be withheld.
(4) Reports.--Not later than 1 year after the date of the
enactment of this Act, the President shall submit to the
Committee on Ways and Means of the House of Representatives and
the Committee on Finance of the Senate a report containing--
(A) the results of the reviews conducted pursuant
to paragraph (3); and
(B) justifications for the reasons for which duty-
free treatment was withheld or restored with respect to
articles described in such paragraph.
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