S.847 - A bill to impose tariff-rate quotas on certain casein and milk protein concentrates.107th Congress (2001-2002)
|Sponsor:||Sen. Dayton, Mark [D-MN] (Introduced 05/09/2001)|
|Committees:||Senate - Finance|
|Latest Action:||05/09/2001 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: S.847 — 107th Congress (2001-2002)All Bill Information (Except Text)
Amends the Harmonized Tariff Schedule of the United States to impose tariff-rate quotas (quantitative import limits) and provide various duty rates on certain casein, caseinates, milk protein concentrate, and other casein derivatives and glues imported into the United States (except imports from Mexico).
Introduced in Senate (05/09/2001)
Authorizes the President to: (1) enter into a trade agreement with a foreign country to grant new concessions as compensation in order to maintain the general level of reciprocal and mutually advantageous concessions; and (2) proclaim any necessary modification or continuance of any existing duty, or continuance of existing duty-free or excise treatment. Sets forth certain limits on the reduction of duties on such products.