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US S2794

US S2794
American Manufacturing Competitiveness Act of 2016


summary

Introduced
04/13/2016
In Committee
04/13/2016
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

American Manufacturing Competitiveness Act of 2016 This bill declares the sense of Congress that it should consider a miscellaneous tariff bill. The U.S. International Trade Commission shall: conduct a process, meeting specified requirements, for the submission and consideration of petitions for duty suspensions and reductions; and report to Congress on the effects of duty suspensions and reductions enacted pursuant to this Act on producers, purchasers, and consumers in the United States. The bill prescribes requirements for publication by specified congressional committees of a list of limited tariff benefits contained in a miscellaneous tariff bill.

AI Summary

This bill, the American Manufacturing Competitiveness Act of 2016, establishes a structured process for Congress to consider temporary duty suspensions and reductions on imported goods, aiming to enhance the competitiveness of U.S. manufacturers and consumers by addressing situations where goods are unavailable domestically. The U.S. International Trade Commission (USITC) will manage this process, receiving petitions for duty relief, evaluating them, and reporting to Congress on their potential economic impacts. The bill also mandates that Congress publish lists of any "limited tariff benefits" – provisions affecting ten or fewer entities – included in these miscellaneous tariff bills, ensuring transparency and adherence to House and Senate rules to prevent abuse and build confidence in the process.

Committee Categories

Budget and Finance

Sponsors (15)

Last Action

Read twice and referred to the Committee on Finance. (on 04/13/2016)

bill text


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