S 950 · 98th Congress · Foreign Trade and International Finance
A bill to impose quotas on the importation of automobiles from Japan during 1983, 1984, 1985, and 1986.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, International Trade Commission, Office of U.S. Trade Representative, Treasury Department, State Department, Commerce Department.(1983-04-05)
Plain Language Summary
[AI summary unavailable — showing source text]
Limits the number of automobiles that may be imported from Japan during each of FY 1984 and 1985. Directs the Secretary of Commerce to submit estimates to the Secretary of the Treasury on the number of new automobile sales in the United States. Requires such estimates to be made at the beginning of each calendar quarter. Requires the estimates to cover projected sales during: (1) the subsequent six quarters; and (2) the calendar year during which the estimate is being made. Limits the number of Japanese automobile imports to 14 percent of sales estimates for each of calendar years 1986-1987. Requires quarterly revisions of the estimates to reflect any changes in the estimate of auto sales for the calendar year.…
Summarized by Claude AI · Non-partisan · For informational purposes only