S.2041 - Rights of Intellectual Property Owners Fairness Facilitation Act of 1994103rd Congress (1993-1994)
|Sponsor:||Sen. Lautenberg, Frank R. [D-NJ] (Introduced 04/21/1994)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 04/21/1994 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: S.2041 — 103rd Congress (1993-1994)All Information (Except Text)
Introduced in Senate (04/21/1994)
Rights of Intellectual Property Owners Fairness Facilitation Act of 1994 - Amends the Trade Act of 1974 to prohibit the President from designating a country a beneficiary developing country eligible for trade benefits under the generalized system of preferences if such country is not implementing the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) within a specified time. Authorizes a country that has been denied such designation to be so designated if the President determines that the country is fully implementing TRIPS.
Directs the United States Trade Representative to notify the Secretary of State, the Secretary of Commerce, and the Administrator of the Agency for International Development of any country which is not implementing TRIPS. Sets forth specified actions to be taken to encourage countries to implement TRIPS.