Summary: H.R.5133 — 97th Congress (1981-1982)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed House amended (12/15/1982)

(Measure passed House, amended, roll call #460 (215-188))

Fair Practices in Automotive Products Act - Sets forth for all motor vehicle manufacturers which produce over 100,000 motor vehicles for ultimate retail sale in the United States "minimum domestic content ratios" (the domestic value, including labor and parts, of the manufacturer's production costs of all automotive products sold in the United States).

Requires all vehicle manufacturers producing more than 100,000 motor vehicles for sale in the United States to provide information to the Secretary of Transportation for the purpose of administering this requirement.

Establishes penalties for a vehicle manufacturer who fails to meet the minimum domestic content ratio.

Directs the Secretary of Transportation and the Federal Trade Commission to investigate and prepare a written report regarding policies and practices of vehicle manufacturers used to persuade U.S. motor vehicle dealers to favor foreign made parts rather than domestically produced parts.

Requires the Comptroller General of the United States to transmit to the Congress a report on the impact of this Act on the automotive and related industries.

Requires the Secretary of Agriculture within one year of enactment of this Act to investigate and submit to Congress a written report regarding the impact of this Act upon the exportations of agricultural commodities from the United States.

States that nothing in this Act shall be deemed to supersede the terms or conditions of any existing treaty, international convention, or agreement on tariffs and trade to which the United States is a party.