[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7967 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 7967

    To amend the Trade Act of 1974 to modify provisions relating to 
withdrawal, suspension, or limitation of country designation under the 
                   Generalized System of Preferences.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 11, 2024

 Mr. Smucker introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Trade Act of 1974 to modify provisions relating to 
withdrawal, suspension, or limitation of country designation under the 
                   Generalized System of Preferences.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. MODIFICATION OF PROVISIONS RELATING TO WITHDRAWAL, 
              SUSPENSION, OR LIMITATION OF COUNTRY DESIGNATION UNDER 
              THE GENERALIZED SYSTEM OF PREFERENCES.

    Section 502(d)(1) of the Trade Act of 1974 (19 U.S.C. (2462(d)(1)) 
is amended--
            (1) by striking ``the President shall consider the 
        factors'' and inserting ``the President--
                    ``(A) shall consider--
                            ``(i) the factors'';
            (2) by striking the period at the end and inserting a 
        semicolon; and
            (3) by adding at the end the following:
                            ``(ii) the likely impacts of any such 
                        action on working toward, or continuing to 
                        meet, the criteria and factors described in 
                        subsections (b) and (c) of this section; and
                            ``(iii) the likely impacts of any such 
                        action on workers and populations in the 
                        country that such criteria and factors are 
                        intended to help; and
                    ``(B) take all available steps to facilitate 
                continued duty-free treatment under this title for 
                products with respect to which the imposition of duties 
                is likely--
                            ``(i) to have an adverse effect on meeting 
                        the criteria and factors described in 
                        subsections (b) and (c) of this section; or
                            ``(ii) result in severe economic harm to 
                        the populations that such criteria and factors 
                        are intended to help.''.
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