Fair Trade Opportunities Act
The source supplies the latest action, but no lifecycle stage.
Latest action (22 May 1997): Sponsor introductory remarks on measure. (CR E1041)
What this bill does
H.R. 35, the Fair Trade Opportunities Act, would repeal Title IV of the Trade Act of 1974, also known as the Jackson-Vanik Act. This bill would direct the President to consult with Congress and then determine if countries not members of the World Trade Organization (WTO) provide adequate trade benefits or competitive opportunities to the U.S. If a country does not, the President would be required to increase the tariffs on its products.
Additionally, the bill would authorize the President to increase tariffs on products from non-market economy countries that are not WTO members if those countries restrict their citizens' emigration rights or impose significant taxes or fees related to emigration. This measure would affect trade relations with countries not belonging to the WTO, particularly those with non-market economies that have emigration restrictions.
This bill was introduced in the House of Representatives in January 1997 by Representative Douglas Bereuter and was referred to the Committee on Ways and Means. It has not moved past the introduction stage.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Fair Trade Opportunities Act - Amends the Trade Act of 1975 to repeal Title IV (Trade Relations with Countries not Currently Receiving Nondiscriminatory Treatment) (Jackson Vanick Act). Directs the President, after consulting with appropriate congressional committees, to determine whether or not each foreign country that is not a member of the World Trade Organization (WTO) is according adequate trade benefits or substantially equal competitive opportunities to U.S. commerce. Mandates an increase in the rate of duty with respect to the products of any country that is not according U.S. commerce such benefits. Authorizes the President to increase such rate on any product of a non-market economy country that is not a WTO member if it: (1) denies its citizens the right or opportunity to emigrate; (2) imposes more than a nominal tax on emigration documents, for any purpose; or (3) imposes more than a nominal tax, fine, fee or other charge on any citizen as a consequence of such citizen's desire to emigrate to a country of his or her choice.
Timeline
22 May 1997
Sponsor introductory remarks on measure. (CR E1041)
Common questions
- What does H.R. 35 do?
- H.R. 35, the Fair Trade Opportunities Act, would repeal Title IV of the Trade Act of 1974, also known as the Jackson-Vanik Act. This bill would direct the President to consult with Congress and then determine if countries not members of the World Trade Organization (WTO) provide adequate trade benefits or competitive opportunities to the U.S. If a country does not, the President would be required to increase the tariffs on its products. Additionally, the bill would authorize the President to increase tariffs on products from non-market economy countries that are not WTO members if those countries restrict their citizens' emigration rights or impose significant taxes or fees related to emigration. This measure would affect trade relations with countries not belonging to the WTO, particularly those with non-market economies that have emigration restrictions. This bill was introduced in the House of Representatives in January 1997 by Representative Douglas Bereuter and was referred to the Committee on Ways and Means. It has not moved past the introduction stage.
- Has H.R. 35 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 35. Check the latest action and official source below.
- Who sponsored H.R. 35?
- H.R. 35 was sponsored by Rep. Bereuter, Doug [R-NE-1] (R-NE), with 0 cosponsors.
- What's the latest action on H.R. 35?
- Sponsor introductory remarks on measure. (CR E1041) (22 May 1997).
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More bills from Rep. Bereuter, Doug [R-NE-1]
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Fair Trade Opportunities Act
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