A concurrent resolution expressing the sense of Congress regarding the Republic of Korea's continuing unlawful bailouts of Hynix Semiconductor Inc., and calling on the Republic of Korea, the Secretary of Commerce, the United States Trade Representative, and the President to take actions to end the bailouts.

Referred to the Committee on Finance. (text of measure as introduced: CR S2979)

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Feb 27, 2003

Declares that it is the sense of Congress that the actions of the Republic of Korea with respect to the bailouts of Hynix Semiconductor Inc. are severely detrimental to the bilateral friendship and economic relationships between the United States and Korea.Calls on the Republic of Korea immediately to cease any further bailouts of Hynix, and comply with all of its obligations as a member of the World Trade Organization, including those regarding subsidies.Calls on the Secretary of Commerce and the United States Trade Representative to: (1) take necessary actions immediately to end any further bailouts of Hynix, including the self-initiation of further trade cases, the initiation of a further government investigation of the financial impact of these bailouts, and the calling of a special subsidies code meeting to raise the legal concerns with this issue; and (2) begin consultations with Congress regarding appropriate legislative action to deal fully with the impact of the bailouts of Hynix.Calls on the President to consult with the European Union regarding joint action with respect to the unlawful subsidies to Hynix that are harming the international DRAM, semiconductor, and electronics markets.

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People & committees

Who introduced it

Sen. Crapo, Mike [R-ID] · R–ID

Committees

Finance Committee

3 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Feb 27, 2003
Referred to the Committee on Finance. (text of measure as introduced: CR S2979)
Feb 27, 2003
Sponsor introductory remarks on measure. (CR S2979-2980)
Feb 27, 2003
Introduced in Senate

Primary sources

Bill text & related measures

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

Introduced in Senate · Feb 27, 2003 Formatted Text PDF

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: Jan 14, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze S.Con.Res.11 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

View full prompt & sources

Discuss S.Con.Res.11, 108th Congress: A concurrent resolution expressing the sense of Congress regarding the Republic of Korea's continuing unlawful bailouts of Hynix Semiconductor Inc., and calling on the Republic of Korea, the Secretary of Commerce, the United States Trade Representative, and the President to take actions to end the bailouts.

Official record: https://www.congress.gov/bill/108th-congress/senate-concurrent-resolution/11

Text version to examine: Introduced in Senate · 2003-02-27.

Official full text: https://www.congress.gov/108/bills/sconres11/BILLS-108sconres11is.htm

Imported record last updated by the source: 2025-01-14T18:59:41Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.Con.Res.11 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine S.Con.Res.11 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss S.Con.Res.11, 108th Congress: A concurrent resolution expressing the sense of Congress regarding the Republic of Korea's continuing unlawful bailouts of Hynix Semiconductor Inc., and calling on the Republic of Korea, the Secretary of Commerce, the United States Trade Representative, and the President to take actions to end the bailouts.

Official record: https://www.congress.gov/bill/108th-congress/senate-concurrent-resolution/11

Text version to examine: Introduced in Senate · 2003-02-27.

Official full text: https://www.congress.gov/108/bills/sconres11/BILLS-108sconres11is.htm

Imported record last updated by the source: 2025-01-14T18:59:41Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.Con.Res.11 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine S.Con.Res.11 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss S.Con.Res.11, 108th Congress: A concurrent resolution expressing the sense of Congress regarding the Republic of Korea's continuing unlawful bailouts of Hynix Semiconductor Inc., and calling on the Republic of Korea, the Secretary of Commerce, the United States Trade Representative, and the President to take actions to end the bailouts.

Official record: https://www.congress.gov/bill/108th-congress/senate-concurrent-resolution/11

Text version to examine: Introduced in Senate · 2003-02-27.

Official full text: https://www.congress.gov/108/bills/sconres11/BILLS-108sconres11is.htm

Imported record last updated by the source: 2025-01-14T18:59:41Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.Con.Res.11 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine S.Con.Res.11 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss S.Con.Res.11, 108th Congress: A concurrent resolution expressing the sense of Congress regarding the Republic of Korea's continuing unlawful bailouts of Hynix Semiconductor Inc., and calling on the Republic of Korea, the Secretary of Commerce, the United States Trade Representative, and the President to take actions to end the bailouts.

Official record: https://www.congress.gov/bill/108th-congress/senate-concurrent-resolution/11

Text version to examine: Introduced in Senate · 2003-02-27.

Official full text: https://www.congress.gov/108/bills/sconres11/BILLS-108sconres11is.htm

Imported record last updated by the source: 2025-01-14T18:59:41Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.Con.Res.11 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.