S 1718 · 98th Congress · Foreign Trade and International Finance

Generalized System of Preferences Renewal Act of 1984

Introduced 1983-08-01· Sponsored by Sen. Danforth, John C. [R-MO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 928.(1984-05-24)

Plain Language Summary

[AI summary unavailable — showing source text] Generalized System of Preferences Renewal Act of 1983 - Amends the Trade Act of 1974 to extend the generalized system of preferences until January 3, 1995. Directs the President, in determining whether to provide duty-free treatment for an eligible article from a beneficiary country, to consider the extent of the beneficiary developing country's competitiveness with respect to eligible articles. Requires that within 90 days after the President makes a specified determination, with respect to the amount of exports of an eligible article by a beneficiary country to the United States such country shall not be treated as a beneficiary developing country with respect to such article. Requires that such article must have been produced in the United States. Directs the President to review the eligible articles in the generalized system of preferences within two years of enactment of this Act. Provides for changing the tariff treatment of beneficiary developing countries which the President determines, after such review of the generalized system of preferences, has demonstrated a sufficient degree of competitiveness. Authorizes the President to waive the removal of tariff preferences in ce…

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