Emergency Safeguard Act of 1996
The source supplies the latest action, but no lifecycle stage.
Latest action (23 Jul 1996): Read twice and referred to the Committee on Finance.
What this bill does
The Emergency Safeguard Act of 1996, if passed, would create new limits on certain wool apparel imported from Canada under the North American Free Trade Agreement (NAFTA). Specifically, no more than 50% of the total square meter equivalents of wool apparel assembled in Canada and eligible for NAFTA's preferential duty treatment could be "tailored wool apparel." Within that 50% limit, no more than half would be men's and boys' wool suits, sport coats, or slacks.
This bill directly affects the United States wool apparel industry, which the bill's findings state has been harmed by increased imports of men's and boys' tailored wool apparel assembled in Canada from non-NAFTA fabric. It also affects Canadian apparel manufacturers and exporters of these specific wool products, as well as U.S. consumers who may see changes in the availability and price of these goods.
Introduced in the Senate on July 23, 1996, the bill was referred to the Committee on Finance. It has not advanced beyond the introduction stage. If it were to proceed, it would need to be approved by the Senate Committee, then passed by the full Senate, and subsequently passed by the House of Representatives in identical form before it could be sent to the President.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Emergency Safeguard Act of 1996 - Declares that: (1) no more than 50 percent of the total square meter equivalents of wool apparel assembled in Canada and eligible for preferential duty treatment under the North American Free Trade Agreement (NAFTA) and entered, or withdrawn from warehouse, for consumption during any year shall be tailored wool; and (2) no more than 50 percent of such sublimit shall be men's and boys' wool suits, wool sport coats, or wool slacks. Grants nondiscriminatory (most-favored-nation) treatment of Canadian tailored wool apparel that is eligible for preferential duty treatment under NAFTA.
Timeline
23 Jul 1996
Read twice and referred to the Committee on Finance.
Common questions
- What does S. 1982 do?
- The Emergency Safeguard Act of 1996, if passed, would create new limits on certain wool apparel imported from Canada under the North American Free Trade Agreement (NAFTA). Specifically, no more than 50% of the total square meter equivalents of wool apparel assembled in Canada and eligible for NAFTA's preferential duty treatment could be "tailored wool apparel." Within that 50% limit, no more than half would be men's and boys' wool suits, sport coats, or slacks. This bill directly affects the United States wool apparel industry, which the bill's findings state has been harmed by increased imports of men's and boys' tailored wool apparel assembled in Canada from non-NAFTA fabric. It also affects Canadian apparel manufacturers and exporters of these specific wool products, as well as U.S. consumers who may see changes in the availability and price of these goods. Introduced in the Senate on July 23, 1996, the bill was referred to the Committee on Finance. It has not advanced beyond the introduction stage. If it were to proceed, it would need to be approved by the Senate Committee, then passed by the full Senate, and subsequently passed by the House of Representatives in identical form before it could be sent to the President.
- Has S. 1982 become law?
- The source does not supply a confirmed lifecycle stage for S. 1982. Check the latest action and official source below.
- Who sponsored S. 1982?
- S. 1982 was sponsored by Sen. Hollings, Ernest F. [D-SC] (D-SC), with 11 cosponsors.
- What's the latest action on S. 1982?
- Read twice and referred to the Committee on Finance. (23 Jul 1996).
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