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Bill > HR3849


US HR3849

US HR3849
Extension of the Caribbean Basin Economic Recovery Act


summary

Introduced
09/27/2017
In Committee
09/27/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Extension of the Caribbean Basin Economic Recovery Act This bill amends the Caribbean Basin Economic Recovery Act to extend preferential duty treatment related to certain apparel items through FY2030.

AI Summary

This bill extends certain provisions of the Caribbean Basin Economic Recovery Act until September 30, 2030. Specifically, it extends the preferential duty treatment related to certain apparel items through fiscal year 2030, and it extends the transition period for this preferential treatment from 18 years to 28 years. The Caribbean Basin Economic Recovery Act provides duty-free access to the U.S. market for eligible products from designated Caribbean Basin countries, with the goal of promoting economic development in the region.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Referred to the House Committee on Ways and Means. (on 09/27/2017)

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