S.2261 - Haiti Economic Recovery Opportunity Act of 2004108th Congress (2003-2004)
|Sponsor:||Sen. DeWine, Mike [R-OH] (Introduced 03/30/2004)|
|Committees:||Senate - Finance|
|Latest Action:||09/29/2004 Message received in Senate: Returned to Senate pursuant to the request of the Senate and held at desk. (All Actions)|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Subject — Policy Area:
- Foreign Trade and International Finance
- View subjects
Summary: S.2261 — 108th Congress (2003-2004)All Bill Information (Except Text)
Passed Senate amended (07/16/2004)
Haiti Economic Recovery Opportunity Act of 2004 - Amends the Caribbean Basin Economic Recovery Act to provide, beginning on October 1, 2003, and for each of the seven succeeding one-year periods, duty-free treatment for apparel items wholly assembled or knit-to-shape in Haiti (without regard to the country of origin of the fabrics, components, or yarns) if the President certifies to Congress that Haiti: (1) has established or is progressing toward specified political, economic, and social reforms; (2) does not engage in activities that undermine U.S. security or foreign policy; (3) does not engage in gross violations of human rights or activities in support of international terrorism; and (4) is meeting specified enforcement conditions aimed at preventing tariff or quota avoidance, customs evasion, unlawful transshipment, or false information or false document use in order to obtain such preferential treatment.
States that such preferential treatment shall be: (1) for the first year, 1.5 percent of the aggregate square meter equivalents of all apparel articles imported into the United States during the 12-month period beginning October 1, 2002; and (2) for each of the succeeding years, a quantity of apparel articles equal to the product of the percentage applicable during the previous 12-month period plus 0.5 percent (but not over 3.5 percent) and the aggregate square meter equivalents of all apparel articles imported into the United States during the 12-month period ending on September 30 of such year.
Applies such provisions to goods entered or withdrawn from a warehouse for consumption on or after October 1, 2003, including a retroactive application to certain warehouse entries or withdrawals made between such date and the date of enactment of this Act.