Library / Laws / 118th / s / S. 552 / Introduced in Senate
II
118th CONGRESS
1st Session
S. 552
IN THE SENATE OF THE UNITED STATES
February 28, 2023Mr. Rubio (for himself, Mr. Warnock, Mr. Cassidy, and Mr. Durbin) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To extend duty-free treatment provided with respect to imports from Haiti under the Caribbean Basin Economic Recovery Act.
1.
Short title
This Act may be cited as the Haiti Economic Lift Program Extension Act of 2023.
2.
Extension of special rules for Haiti under Caribbean Basin Economic Recovery Act
Section 213A of the Caribbean Basin Economic Recovery Act (19 U.S.C. 2703a) is amended—
(1) in subsection (b)—
(A) in paragraph (1)—
(i) by amending subparagraph (B)(v)(I) to read as follows:
(I)
Applicable percentage
The term applicable percentage means 60 percent or more during the period beginning on December 20, 2017, and ending on September 30, 2035.
; and
(ii) by amending subparagraph (C) to read as follows:
(C)
Quantitative limitations
The preferential treatment described in subparagraph (A) shall be extended, during each period after the initial applicable 1-year period, to not more than 1.25 percent of the aggregate square meter equivalents of all apparel articles imported into the United States in the most recent 12-month period for which data are available.
; and
(B) in paragraph (2), by striking in each of the 16 succeeding 1-year periods each place it appears and inserting in any of the succeeding 1-year periods; and
(2) by amending subsection (h) to read as follows:
(h)
Termination
The duty-free treatment provided under this section shall remain in effect until September 30, 2035.
.