S 1387 · 106th Congress · Foreign Trade and International Finance

African Growth and Opportunity Act

Introduced 1999-07-16· Sponsored by Sen. Roth Jr., William V. [R-DE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: By Senator Roth from Committee on Finance filed written report. Report No. 106-112.(1999-07-20)

Plain Language Summary

[AI summary unavailable — showing source text] African Growth and Opportunity Act - Declares the support of Congress for: (1) encouraging increased trade and investment between the United States and sub-Saharan Africa; (2) reducing tariff and nontariff barriers and other obstacles to sub-Saharan and U.S. trade; (3) negotiating reciprocal and mutually beneficial trade agreements, including the possibility of establishing free trade areas that serve the interests of both the United States and the countries of sub-Saharan Africa; (4) focusing on countries committed to accountable government, economic reform, the eradication of poverty, and the development of political freedom; and (5) establishing a United States-Sub-Saharan African Economic Cooperation Forum. Title I: Extension of Certain Trade Benefits to Sub-Saharan Africa - Amends the Trade Act of 1974 to authorize the President to designate a sub-Saharan African country as a beneficiary sub-Saharan African country eligible to receive duty-free treatment, through September 30, 2006, for any non-import-sensitive article (except for textile luggage) that is the growth, product, or manufacture of such country, if the President determines that such country: (1) has established, or…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 1387, Africa Growth and Opportunity Act

Jul 16, 1999

Cost estimate for the bill as ordered reported by the Senate Committee on Finance on June 22, 1999

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office