HR 2832 · 112th Congress · Foreign Trade and International Finance
To extend the Generalized System of Preferences, and for other purposes.
Bill Progress
1
Introduced2
Committee✓
House Vote4
Senate✓
EnactedLatest: Became Public Law No: 112-40.(2011-10-21)
Recorded Votes
PassedSenate · 2011-09-22
Roll #150 ↗Yea 70Nay 27
PassedSenate · 2011-09-22
Roll #150 ↗Yea 70Nay 27
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Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Trade Act of 1974 to extend duty-free treatment under the Generalized System of Preferences (GSP) through July 31, 2013. Requires the liquidation or reliquidation (refund of duties) on duty-free articles that entered into the United States after December 31, 2010, and before the 15th day after enactment of this Act. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) to increase from 0.21% ad valorem to 0.3464% ad valorem, for the period between October 1, 2011, and July 1, 2014, the customs user fee for the processing of merchandise entered or released into the United States.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2832, An act to extend the Generalized System of Preferences, and for other purposes
Oct 31, 2011Cost estimate for the bill as passed by the Senate on September 22, 2011
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (3)
2 Democrats1 Republican