Bill > S742

This bill extends and modifies duty-free treatment for imports from Haiti under the Caribbean Basin Economic Recovery Act (CBERA), a trade policy designed to support economic development in Caribbean countries. Specifically, the bill increases the percentage of apparel articles that can receive preferential treatment to 60 percent, extends the quantitative limitations to allow up to 1.25 percent of total apparel imports from Haiti to enter duty-free, and prolongs the duty-free treatment until September 30, 2035. Additionally, the bill requires the President to restore eligibility for certain articles that became ineligible for preferential treatment due to revisions in the Harmonized Tariff Schedule between December 20, 2006, and the bill's enactment. The President must submit a report to congressional committees before implementing these tariff modifications, and the changes will take effect no earlier than two business days after the report's submission. The bill, named the "Haiti Economic Lift Program Extension Act of 2025," aims to continue supporting Haiti's economic development by maintaining favorable trade conditions.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/742/all-info