S.704 - U.S. OUTDOOR Act112th Congress (2011-2012)
|Sponsor:||Sen. Wyden, Ron [D-OR] (Introduced 03/31/2011)|
|Committees:||Senate - Finance|
|Latest Action:||03/31/2011 Read twice and referred to the Committee on Finance.|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: S.704 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (03/31/2011)
United States Optimal Use of Trade to Develop Outerwear and Outdoor Recreation Act or U.S. OUTDOOR Act - Amends the Harmonized Tariff Schedule of the United States to provide for the duty-free treatment of certain recreational performance outerwear.
Establishes the Sustainable Textile and Apparel Research Fund (STAR Fund).
Requires the Secretary of the Treasury to impose and collect, with specified exceptions, a fee of 1.5% of the appraised value of imported recreational performance outerwear and to deposit amounts collected into the STAR Fund.
Requires the Secretary of Commerce to make quarterly distributions from the STAR Fund to one or more appropriate organizations to conduct applied research, development, and education activities to enhance the competitiveness of U.S. businesses in clean, eco-friendly apparel, other textile and apparel products, and sewn-product design and manufacturing.