S.974 - Stopping Overseas Subsidies Act110th Congress (2007-2008)
|Sponsor:||Sen. Collins, Susan M. [R-ME] (Introduced 03/22/2007)|
|Committees:||Senate - Finance|
|Latest Action:||03/23/2007 Sponsor introductory remarks on measure.|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: S.974 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in Senate (03/22/2007)
Stopping Overseas Subsidies Act - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economies.
Authorizes the use of alternative methodologies in determining whether a subsidy is countervailable with respect to the People's Republic of China (PRC).
Requires congressional approval for revocation of nonmarket economy country determinations made by the administering authority.
Requires a United States International Trade Commission study of how the PRC uses government intervention to promote investment, employment, and exports.