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A bill to amend the Tariff Act of 1930 to clarify the adjustments to be made in determining export price and constructed export price.

Read twice and referred to the Committee on Finance.

Official summary

Version 00 · Introduced in Senate · Jan 28, 2003

Amends the Tariff Act of 1930 with respect to adjustments to the base price used to establish "export price" (at which the subject merchandise is first sold (or agreed to be sold) before the date of its importation by the merchandise producer or exporter outside the United States to an unaffiliated purchaser in the United States (or an unaffiliated purchaser for exportation to the United States)) and "constructed export price" (at which the subject merchandise is first sold (or agreed to be sold) in the United States before or after the date of its importation by or for the account of the merchandise producer or exporter or by a seller affiliated with the producer or exporter, to a purchaser not affiliated with the producer or exporter).Revises the adjustment formula to reduce the base price by an amount attributable to any countervailing duties imposed under such Act which are incident to bringing the merchandise from the original place of shipment in the exporting country to the place of delivery in the United States.Applies this Act to goods from Canada and Mexico.

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Who introduced it

Sen. Craig, Larry E. [R-ID] · R–ID

Committees

  • Finance Committee
13 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Finance.

  2. Sponsor introductory remarks on measure. (CR S1669-1670)

  3. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

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