,i #aag? ,,congress #a/ ,session ,h4 ,r4 #faga ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,decemb] #g1 #bjba ,mrs4 ,walorski 7= h]self & ,mrs4 ,murphy ( ,florida7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to modify ! competitive ne$ limitation provisions "u ! ,g5]aliz$ ,sy/em ( ,pref]5ces program4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,cnl ,update ,act4 #b4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 ,unit$ ,/ates trade capacity build+ ag5cies %\ld "w )1 & provide appropriate res\rces to1 b5efici>y develop+ c\ntries "u ! ,g5]aliz$ ,sy/em ( ,pref]5ces program "u title ,v ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfa et seq47 to assi/ su* c\ntries 9 meet+ ! eligibility crit]ia "u su* program2 7#b7 ! goal ( su* eligibility crit]ia is to raise /&>ds & improve ! well-be+ ( individuals 9 ! b5efici>y develop+ c\ntries ?r\gh trade & economic developm5t2 7#c7 trade policies _c create a race to ! top if punitive actions treat good & bad actors alike2 7#d7 9 det]m9+ appropriate actions to take "u subsection 7d7 ( section #ejb ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfb7;d771 ! ,presid5t %\ld1 9 a mann] consi/5t ) /atutory requirem5ts-- 7,a7 consid] ! impact ( )drawal1 susp5sion1 or limitation ( duty-free treatm5t on ! crit]ia & factors affect+ eligibility describ$ 9 subsections 7b7 & 7c7 ( su* section2 & 7,b7 take all available /eps to facilitate cont9u$ duty-free treatm5t = products :]e ! imposition ( duties is likely to sl[ or rev]se progress made t[>d meet+ ! crit]ia & factors describ$ 9 subsections 7b7 & 7c7 ( su* section or result 9 sev]e economic h>m to ,unit$ ,/ates entities1 p>ticul>ly small bus9esses2 & 7#e7 ! ,unit$ ,/ates ,trade ,repres5tative %\ld e/abli% & ma9ta9 a process to mitigate ! h>m = products det]m9$ to meet ! crit]ia & factors describ$ 9 subsections 7b7 & 7c7 ( section #ejb ( ! ,trade ,act ( #aigd1 includ+ explor+ ! feasibility ( pres]v+ duty-free eligibility on a case-by-case basis = qualify+ companies if ! ,presid5t decides to )draw1 susp5d1 or limit ! application ( ! duty-free treatm5t accord$ "u title ,v ( su* ,act4 #c4 ,modification ( competitive ne$ limitation provisions "u ! ,g5]aliz$ ,sy/em ( ,pref]5ces program 7a7 ,9 g5]al ,section #ejc ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfc7 is am5d$-- 7#a7 9 subsection 7c77#b7-- 7,a7 9 subp>agraph 7,a77ii77,,ii71 by /rik+ #e1jjj1jjj & ins]t+ an am\nt equal to #f4e p]c5t ( su* applicable am\nt2 7,b7 9 subp>agraph 7,c7-- 7i7 by /rik+ may1 subject & ins]t+ %\ld1 subject2 & 7ii7 by /rik+ ! limitations 9 subp>agraph 7,a7 & ins]t+ ! limitations 9 subp>agraph 7,a7 or 7,f72 7,c7 9 subp>agraph 7,f7-- 7i7 9 clause 7i71 by /rik+ may disreg>d & ins]t+ %\ld disreg>d2 & 7ii7 9 clause 7ii77,,ii71 by /rik+ #ejj1jjj & ins]t+ an am\nt equal to #f4e p]c5t ( su* applicable am\nt2 & 7,d7 by ins]t+ aft] subp>agraph 7,f7 ! foll[+3 7,g7 ,calculation ( limitations ,!re %all be c\nt$ aga9/ ! limitations impos$ "u subp>agraph 7,a7 = any cal5d> ye> only t value ( any eligible article ( a b5efici>y develop+ c\ntry t ent]$ duty-free "u ?is title dur+ su* cal5d> ye>4 2 & 7#b7 9 subsection 7d77#a71 by /rik+ 1 be=e ,novemb] #a ( ! cal5d> ye> beg9n+ aft] ! cal5d> ye> = :i* a det]m9ation describ$ 9 subsection 7c77#b77;,a7 0 made ) respect to su* eligible article14 7b7 ,effective date ,! am5dm5ts made by subsection 7a7-- 7#a7 take effect on ! date ( ! enactm5t ( ?is ,act2 & 7#b7 apply ) respect to imports into ! ,unit$ ,/ates ( eligible articles f b5efici>y develop+ c\ntries "u title ,v ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfa et seq47 dur+ ! cal5d> ye> prec$+ ! cal5d> ye> 9 :i* ! fir/ annual review is c>ri$ out "u su* title ,v aft] su* date ( enactm5t & ea* subsequ5t cal5d> ye>4