US SB3170 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on March 25 2010 - 25% progression, died in chamber
Action: 2010-03-25 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 25 2010 - 25% progression, died in chamber
Action: 2010-03-25 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Save Our Industries Act of 2010 or the SAVE Act - Grants duty-free treatment, subject to specified conditions, to certain apparel wholly assembled in the United States or the Philippines, or both, and components of such apparel consisting entirely of: (1) fabric cut in the United States or the Philippines, or both, from fabric wholly formed in the United States from yarns wholly formed in the United States; (2) components knit-to-shape in the United States from yarns wholly formed in the United States; or (3) any combination of such fabric or components. Grants: (1) a reduction of duty for such apparel, provided the same criteria are met; and (2) duty-free treatment to apparel that meet both the requirements for duty-free treatment and reduction of duty. Prescribes single transformation duty-free rules for specified apparel articles, regardless of the source of the fabric, fabric components, components knit-to-shape, or yarns from which the articles are made, if they: (1) are wholly assembled, or knit-to-shape, in the Philippines from any combination of such components; and (2) are imported directly into the United States from the Philippines. Prescribes requirements for review and enforcement of the program. Prescribes penalties for exporters and importers who engage in the transshipment of apparel that has been afforded preferential treatment under this Act.
Title
SAVE Act
Sponsors
| Sen. Daniel Akaka [D-HI] | Sen. Christopher Bond [R-MO] | Sen. John Ensign [R-NV] | Sen. Daniel Inouye [D-HI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-25 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3039 (Related) 2009-06-25 - Referred to the House Committee on Ways and Means.
Subjects
Asia
Congressional oversight
Free trade and trade barriers
Government investigations
Normal trade relations, most-favored-nation treatment
Philippines
Tariffs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/3170/all-info |
| Text | https://www.congress.gov/111/bills/s3170/BILLS-111s3170is.pdf |
