S.433 - Currency Undervaluation Investigation Act114th Congress (2015-2016)
|Sponsor:||Sen. Sessions, Jeff [R-AL] (Introduced 02/10/2015)|
|Committees:||Senate - Finance|
|Latest Action:||02/10/2015 Read twice and referred to the Committee on Finance. (All Actions)|
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Summary: S.433 — 114th Congress (2015-2016)All Bill Information (Except Text)
Introduced in Senate (02/10/2015)
Currency Undervaluation Investigation Act
Amends the Tariff Act of 1930 to require the administering authority, upon the filing of a petition by an interested party, to initiate a countervailing duty investigation or review to determine whether currency undervaluation by the government of, or any public entity within, a foreign country is providing, directly or indirectly, a countervailable subsidy to its exporters or products.
Declares that the fact that such a subsidy is also provided in circumstances not involving export shall not, for that reason alone, mean it cannot be considered export contingent and actionable under a countervailing duty and antidumping duty proceeding.
Declares that the amendments made by this Act shall apply to goods from Canada and Mexico.