Competitive Need Limitations Modernization Act of 2017

S 2036 Competitive Need Limitations Modernization Act of 2017

US Congress 115th Congress

Competitive Need Limitations Modernization Act of 2017
S.2036


About S.2036

Competitive Need Limitations Modernization Act of 2017 This bill amends the Trade Act of 1974 to revise the competitive need limitation review process by:

  • (1) modifying the deadline for the review process, and
  • (2) establishing the relevant domestic production time frame for such review as within the preceding three years (currently on January 1, 1995)

(The competitive need limitation terminates duty-free treatment with respect to articles from a beneficiary developing country if certain import limits are exceeded.)

  

Bill Texts

Introduced 11/02/2017

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History

Read Twice And Referred To The Committee On Finance.

10/31/2017